The Government publishes live tables on the housing market and house prices here:
https://www.gov.uk/government/statistical-data-sets/live-tables-on-housing-market-and-house-prices

In 2015, median house prices were more than nine times median incomes in 127 of 324 local authorities (39 per cent) for which data was available.

This Government is clear that to make housing more affordable we need to build many more homes. Our Housing White Paper will set out the steps we will take to make the housing market work for everyone. The Office for Budget Responsibility will include future forecasts for house prices and wages in their Economic and Fiscal Outlook alongside the Autumn Statement.

The Government is keen to widen the use of innovative construction in housebuilding. We are encouraging this through our housing and planning programmes including Affordable Homes 2016-21, Build to Rent and Housing Zones, and through our National Planning Practice Guidance.

We are also providing funding. Earlier this month, the Secretary of State for Communities and Local Government launched the Home Building Fund, which aims to provide further support to builders using innovative construction, in addition to custom builders, small and medium-sized builders, and new entrants to the market. Full details are published (attached) at www.gov.uk/homebuildingfund

We welcome Legal & General's plans to enter this growing market and operate a new offsite manufacturing facility, but it is not for Government to comment on the commercial decisions it may take around its launch date.

We accept that our failure for many years not to build enough homes has serious consequences. House prices have risen faster then incomes; while renters are paying, on average 50 per cent of their income in rent which makes saving for a deposit all the more difficult. This means that the dream of home ownership is further away for younger people today when compared to previous generations.

This Government is committed to solving the housing crisis by every means possible. That means taking action to ensure that we build more homes in this country. We have doubled the housing budget to almost £20 billion over the next five years, including £8 billion to deliver over 400,000 affordable homes by 2021.

We have also taken steps to help people on the path to home ownership. Our Help to Buy: Equity Loan has helped over 91,000 households to buy a new-build home since the scheme was introduced in 2013. 81 per cent of these sales have gone to first-time buyers.

But we recognise the need to go further. That’s why we launched the £3 billion Home Building Fund that will help deliver 225,000 badly-needed new homes on sites throughout England. Further measures will be included in a Housing White Paper later this autumn.

These tax cuts provide significant support to local businesses. The Small Business Rate Relief measure announced at the Budget will mean 600,000 of the smallest businesses will not have to pay business rates.

Local authorities will be compensated in full for their loss of income as a result of these changes.

The Coalition Government has reversed years of centralisation to rebalance our economy so it can achieve strong, lasting growth that shares prosperity more widely across the country.

We have put power in the hands of local councils and businesses:

• 39 Local Enterprise Partnerships bringing together business and civic leaders to drive their own economic development and fulfil growth potential.

• City Deals and Growth Deals offering localities the opportunity for a deal with central government tailored to their local needs and circumstances – devolving power in exchange for local commitment and investment.

• Introduced the general power of competence that enables councils to do anything that an individual might do, apart from that which is specifically prohibited.

• Removed ring-fencing from local government grants to give councils the freedom and flexibility over the money they receive and allows them to work with their residents to decide how best to make their spending decisions to fit their local priority needs.

We have radically reformed the local government finance system by removing top-down national targets and strategies and replaced with powerful incentives for local areas to drive growth.

• Business rates reform, New Homes Bonus and Community Infrastructure Levy will also ensure councils and communities feel real benefits from development and are incentivised to grow the local economy

• Created 24 Enterprise Zones with the prospect of business rates discounts and planning simplification for businesses and business rates retention for the locality, and supported by £54 million from the Local Infrastructure Fund.

And we are investing in local economies to unlock wider investment, jobs and housing through the Regional Growth Fund and the European Regional Development Fund.

Through Growth Deals we are devolving £12 billion of funding from 2015-16 to 2020-21 to local leaders and businesses to spend on local priorities. The first £6 billion of local projects to have been agreed under the first wave of Growth Deals were announced on the 7th July, and will see investment in local infrastructure, skills, housing, business support and innovation. These projects will provide thousands of new jobs and homes as well as improving infrastructure across the country.

The Deals also mean that places will get additional powers to take greater control over the economic levers they need to unlock growth. More details on the Growth Deals can be found at https://www.gov.uk/government/collections/local-growth-deals

We are also for the first time putting £5 billion of European Structural Investment Funds for the 2014-20 period under the strategic direction of Local Enterprise Partnerships, bringing the total resource (including the Local Growth Fund) under the control of Local Enterprise Partnerships to over £17 billion up until 2020.

Taken together, these measures are empowering and strengthening local economies.