"In December 2022, 40 years since the creation of the Halifax HPI, average house prices had grown 974% to £281,272 and Bank Base Rate sat at 3.5%. While the cost of buying a home was at its lowest when the Index began, looking over the past four decades, prices peaked in August 2022 at £293,992."

https://www.lloydsbankinggroup.com/who-we-are/our-heritage/halifax-bank.html

#HousePrices #HalIfaxHPI #Capitalism #HousingCrisis #CostOfLivingCrisis