Bank of England governor Mark Carney has said he is concerned about the "potential" for a UK housing market bubble, but will tighten lending requirements if necessary.
"There is a history in the housing market of moving from stall speed to warp speed," Mr Carney said. "We want to avoid that."
Meanwhile, a survey suggested house prices will continue "surging ahead".
A separate forecast said borrowing would rise.
Mr Carney was speaking at the Economic Club of New York.
His speech came as the Royal Institution of Chartered Surveyors (Rics) found that more surveyors expected prices to rise than at any time in the last 14 years.
A separate forecast by mortgage lenders predicted that borrowing would keep increasing in 2014.
But the Council of Mortgage Lenders (CML) added an "unbridled" housing boom was "unlikely".
The last time such a clear majority of surveyors expected price rises was in September 1999
ITS proximity to the hospitals, schools and Oxford Brookes University makes Headington a constant favourite with families, professionals and students looking to rent a property.
A typical example is a double fronted family house in nothrough road Rolfe Place, on the market through Finders Keepers.
It includes two bathrooms a cloakroom, two reception rooms, a study, utility room, kitchen/breakfast room, garden and garage and is available, unfurnished, for £2,400 per month from March.
Also on the same agent’s books is a 1930s semi-detached in Kennett Road. Within walking distance of the London coach stop, it includes two double bedrooms, one single bedroom/study and two reception rooms with wooden floors.
Other features include a family bathroom, separate shower room, garden and off-road parking. It is available from May, furnished, for £1,300 per month.
A five-bedroom, two-bathroom detached house in Sandfield Road is on offer from scottfraser. There is a breakfast room, utility, garden and self-contained pavilion in the garden which can be used as a fifth bedroom or extra living space. It is available, furnished, for £2,200 pcm.
scottfraser also has a three bedroom, two-bathroom stone cottage with a garden and garage in Larkins Lane, Old Headington, unfurnished, for £1,695 pcm.
The agency is also marketing a four-bedroom house, Cotswold, in Jack Straw’s Lane. It includes three reception rooms, four bedrooms and is reached via a private lane and set in grounds of almost two thirds of an acre. It is available, unfurnished, at £2,200 per month.
For more information, or to arrange a viewing, contact scottfraser on 01865 761111 or visit scottfraser.co.uk
With thanks to Gill Oliver from The Oxford Times
Editorial insert date 10 February 2011