House Price Growth Outperforms in Areas Where Unemployment has Fallen most since 2007

Areas with the largest falls in unemployment see houses prices soar by almost £100,000 in past decade. The 20 areas that have recorded the sharpest falls in unemployment have, on average, seen house price gains of almost double the national average over the past decade: 48% against the Great Britain average of 25%. Whilst the 10 areas with the highest unemployment rates recorded average house price growth of just 10%, less than half the national average (25%), since 2007. Read more. http://www.lloydsbankinggroup.com/Media/Press-Releases/press-releases-2017/lloyds-bank/unemployment-and-house-prices-2017/