Property market in UK won’t return to long-term average growth until 2012, analysts suggest.

[Nicholas Wallwork]

UK residential property prices are expected to be flat for the rest of the year with no real significant growth until 2012, according to a five-year growth prediction from real estate consultants. The current stagnation of prices will not be helped as the government’s spending cuts take effect but with economic figures proving better than [...]

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[Damian George]

Sadly, i think it could be longer than that, first home buyers cant buy, so those looking for their 2nd home cant sell - and so on.

Dont think though Halifax house prices is a good reflection of the market place - they did have the worst of the worst