asked the Minister for the Environment if he will furnish estimates of the percentage increase in house prices for each of the past ten years.
Written Answers. - House Prices.
517.
The percentage increases in the average gross price of new houses for which loans were approved by the main lending agencies for each of the past ten financial years are, as follows:
|
1968-69 |
6% |
|
1969-70 |
13% |
|
1970-71 |
13% |
|
1971-72 |
12% |
|
1972-73 |
9% |
|
1973-74 |
12% |
|
1974 (Apr.-Dec.) |
18% |
|
1975 |
19% |
|
1976 |
17% |
|
1977 |
20% |
Corresponding figures for trends in existing house prices are not presently available.