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Exact(34)
A new, properly funded Department for Housing could double the rate of house building and keep a lid on a welfare bill that has become a subsidy for private landlords," said Hilton.
He said the rate of house building was unsatisfactory.
But the annual rate of house price inflation is continuing to decline, according to the bank's latest monthly report.
But the rate of house robberies rose 7percentt and the rate of robberies at businesses climbed by 29percentt.
It predicts that the annual rate of house price growth will end the year at 3-5 per cent. 3-5 per cent
In the past two years there has been a steep increase in the rate of house building.
Similar(26)
She wants local government to take the lead on increasing the rate of house-building.
As a result, the annual rate of house-price inflation has decelerated sharply.
These show that prices jumped by 2.1% in July, pushing the annual rate of house-price inflation up to 20.3%.
The year-on-year rate of house-price inflation is now 5.7%, compared with a peak of 22.1% in the year to July 2004.
Prices are rising, but not roaring: in 1988, the annual rate of house-price inflation peaked at 34% across the country.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com