HC Deb 01 February 1978 vol 943 c206W
68. Mr. Ashton

asked the Secretary of State for the Environment what has been the average annual percentage rise in house prices and the annual average building society interest rate since 1968.

Mr. Armstrong

The figures requested are as follows:

Percentage rise in house prices over the year Average interest rate (per cent.) on new building society mortgages
1968 10.0 7.5
1969 7.0 8.5
1970 7.0 8.5
1971 13.0 8.5
1972 31.5 8.0
1973 35.0 9.5
1974 11.0 11.0
1975 7.5 11.0
1976 7.0 11.0
1977 7.0 11.0

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