The ratio of lower quintile house prices to lower quintile earnings in England for the years 1997 to 2008 is presented in the following table:
Lower quintile house prices to lower quintile earnings, England 1997 3.51 1998 3.52 1999 3.66 2000 3.79 2001 3.97 2002 4.31 2003 4.94 2004 6.14 2005 6.66 2006 7.10 2007 7.37 2008 7.03 Source: Land Registry and the Annual Survey of Hours and Earnings (ONS).
Communities and Local Government does not make forecasts of the housing affordability ratio.