The Guardian | Property market is stabilising reports Halifax

Guardian Unlimited | The Guardian | Property market is stabilising reports Halifax
The property market appeared to be stabilising today after new figures from mortgage lender Halifax pointed to a “gradual slowdown” in price inflation.
The bank said that house prices had fallen by 0.5% in February, following rises in December and January. The average price of a property was now £162,816, and prices have risen by just 0.8% since July last year.
This report from the Halifax seems to suggest that perhaps we’re not buying at the best time… oh well! It all comes out in the wash.