I cannot see any evidence of falling prices here.

In fact as far as I can see asking prices (on average) seem to be going up but the range seems to be staying constant.

I think that the estate agents are generally inflating the asking prices to allow for the buyers to put an offer in (as all sensible buyers are now aware that its a buyers market)


4 Bed Detached 474 - 275 (307 avg) March 05
4 Bed Detached 474 - 289 (354 avg exc new build or 366 not exc newbuild) Dec 05
2 bed terraced 199 - 169 (177 avg) March 05
2 bed terraced 199 - 169 (184 avg) Dec 05

3 bed semis seem to have disappeared from the market here (I think they have given up on moving up the ladder as its too expensive!)

The market does appear to be somewhat stagnant and there needs to be something to trigger falling asking prices.

Warning: As the following post explains my views and opinions should be completely ignored.
http://www.housepricecrash.co.uk/forum/ind...showtopic=21240

Okay then, as you wish, troll status applied.

Is it really so easy

I am honoured indeed

hmm not an unknown tactic either... "no evidence of falls in my area blah blah blah"

rarely backed up with any corroboration.