Is the South of England becoming more affordable?

[diyhelp]

Recent falls in house prices in the south of England have been covered in great detail by the press. While there is still a North/South divide it does seem to be narrowing? Is it time to look at property investments in the south of England or might there be further downside?

 

[nmb]

In theory in relative terms the south is maybe now a little cheaper than the north compared to 12 months ago. However, the massive gap built up over the years means we are looking at 2 different markets here. The London/SW property market and the rest of the UK.

 

[realdeals]

In relative terms but I dont think it will fall enough to make a major difference for the majority of first time buyers.

 

[Borntoexplore]

Highly dependent on where in the South.