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Re: Have we seen the end of falling house prices?

  •  Mon, Jul 06 2009, 5:36 PM

    Re: Have we seen the end of falling house prices?

    Community:

    Data from Nationwide shows that UK house prices rose for the third month in a row.

    The housing market still has a long way to fall as the average house in the uk is still valued at around 5 times the average income. So the problem is still as it was at the peak "affordability" either house prices have to fall or incomes have to increase and in the current finacial climate of tighten your belt and pay of debt what do you think is going to happen??

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