Homeowners Waiting Up To 28 Years between House Moves

The average period of time between home moves is as long as 28 years in some UK cities.  A 30 per cent drop in moves by homeowners with mortgages over the last decade is starving the market of housing supplies and driving prices upwards, Hometrack suggests. UK property prices increased by 9.6 per cent in the year to March 2015, up from 7.4 per cent recorded the previous month.

In the 1980s, the average house changed hands every 10 years. Between 2003 and 2007, the average time between moves increased to 14 years.  As prices rise, the time between house moves across all UK cities has risen to 21 years, and in some cities, like Liverpool, to 28 years. Read more on the This is Money website.