How fast have house pices gone up?

It depends how you look at it.

In the UK in 1985 a house cost 3.4 times the average wage.

In 2005 a house cost 6.1 times the average wage.

Conclusion in the last twenty years house price in the UK have not even doubled in price.

I.E gone up 3-4% a year.

http://news.bbc.co.uk/2/shared/spl/h...l/nn2page1.stm