Properties now at their most affordable level for years.
Various recent surveys have produced differing views of whether house prices are still falling, have levelled off or have even risen slightly. What is certain is that the house prices are now at their most affordable for years following the price falls of the last 18 months reports Andrew Oulsnam of Robert Oulsnam & Company.
Any further movement in prices is likely to be quite small as the market stabilises for a period of time.
Now is the time to buy and there is clear evidence first time buyers are returning the to market.
Investors are also being encouraged to come back into the market with low prices and rents starting to rise again. Interest rates are also likely to stay low for some time to come.