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Keep up to dateHouse prices and interest rates | ||||||
1999 | 2000 | 2001 | 2002 | 2003* | 2004* | |
House price inflation % | 13.8 | 13.5 | 4.6 | 25.2 | 11 | 6 |
Q4 mortgage interest rates % | 6.3 | 6.7 | 5.2 | 5.0 | 4.8 | 5.3 |
Annual average rise GDP % | 2.8 | 3.8 | 2.1 | 1.7 | 2.0 | 2.7 |
* Royal Institution of Chartered Surveyors forecast Source: ODPM, RICS |