Don't freak out: stats show Britain is NOT in a housing bubble

Soaring UK house prices are not an omen that Britain is in a housing bubble. Some people think the 56% surge in property prices over the last decade is an indicator that these massive highs will be followed by a massive crash. But there are many factors indicating Britain's property market is NOT teetering on the brink of collapse. House prices are stabilising Average UK property prices, according to the Office for National Statistics latest data, stand at £271,000 as of November 2014. This is ...