In England last year a home cost an average of 9.1 times earnings – up from 7.9 in 2020
House price rises outstripped wage growth in more than 90% of England and Wales last year, according to official data that prompted talk of a possible full-blown “affordability crisis”.
The Office for National Statistics (ONS) said house prices grew faster than earnings in 91% of local authority districts in 2021.
