The rate of house price growth has reduced to 6.2% in a year even though moderate UK demand continues to exceed supply.
English Housing Survey shows home ownership is the lowest level since 1985 with the private rental sector doubling since 2002.
Greater proportion of cash buyers are helping to keep house prices rising as outright home owners now exceed those with mortgages.
Hometrack data shows London with the slowest rate of growth for four years and the fastest house price rise is now from regional cities.
Home buyer borrowing in London reduces 5% or £310 million in the final quarter of 2016 continuing the downward trend for the capital.
House prices in the East of England remain strong up 11% over the year despite a slowdown in property sales across the country.
Crossrail has boosted average house prices by up to 60% for homes in towns near to stations ahead of the 2019 launch date.
Latest data from Moneyfacts shows the amount of cashback offered by lenders to first time buyers with small deposits is lower in the last two years.
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