- UK housing market is 'overvalued'
UK house prices are at least 20% overvalued compared with their long term average, according to credit rating agency Fitch.
Fitch, which judges how risky debt is, looked at how house prices have raced away from incomes over the past decade
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- Government must focus on land supply to meet Green Paper aspirations
Responding to today's Housing Green Paper, Stewart Baseley Executive Chairman of the Home Builders Federation said:
"Fundamental to delivery of all the Governments objectives is the provision of sufficient land with implementable planning permissions. Only this will enable us to build the full range of extra homes the country needs. This Green Paper is a step in the right direction towards meeting housing demand and easing affordability.
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