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House prices 64 times higher since first European Championship

House prices are 64 times higher since the first European Championship, a report from Nationwide reveals.

In a special football-related report, ahead of the Europe 2004 Championships, Nationwide reveals that house prices have risen 19% per year since Sven Goran became coach of the England team, while house prices are more than 2.5 times higher since Euro 1996.

Alex Bannister, Nationwide&#39s group economist, says: “Much has happened to the housing market since the first European Championship was held back in 1960. Back in the sixties just over 45%, or around 8 million people, owned their own home and house prices had yet to become the nation&#39s favourite topic of conversation.

“Since then, there was a revolution in home ownership; with the proportion of the population owning their own home rising to 53% in the 70s; 60% in the eighties; 68% in the 90s &#45 and the proportion now tops 70%.”

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