Housing prices in the UK are generally 1ureryr high. particularly in certain areas of the country such as the South East. This makes it difcult for many people to be able to afford to buy their own houses. In England. average houses prices are now almost El times the average worker's salary; in parts of the West Midlands. the high prices have been caused by demand growing faster than supply. Source: (Gillespie: 2019} Figure 9.9 below shows m'll'l' market conditions have changed in the housing market. Figure 9.9 market conditions and house prices Equilibrium has moved from P101 to PEQE. The most likely explanation for the changes shown is a A. Fall in mortgage interest rates and an increase in the number of houses built B. Fall in mortgage interest rates and a decrease in the number of houses built C. Rise in mortgage interest rates and an increase in the number of houses built D. Rises in mortgage interest rates and a decrease in ttre number of houses built