I read a report today by a well-respected property expert, one that I think is actually worth listening too where he predicted that we would not see a rise in market prices for at least 5 years. On Wednesday, whilst perusing Facebook, I noticed a post from a friend; he too suspected that we would not see a rise in property prices for at least the next couple of years. Late yesterday afternoon I spoke with a friend, a well-respected local estate agent, and he told me with some excitement that June had been the best month for sales that he had witnessed for some time.
http://entrepreneursoul.com/the-truth-about-the-property-market-and-why-the-media-is-lying-to-you-by-jeff-djevdet/