The housing market is nothing but consistent at the moment with a report brought out in may that shows a consistent drop of 12.5% in housing prices year on year.
Scotland was the least badly hit of the British Isles with a drop of only 6.9% on average.
Estate agents are reporting an increase in sales of houses but analysts are predicting a long road to recovery.
House prices are beginning to show signs of flattening off; perhaps we are finally reaching the bottom of the worst economic downturn since the 1930’s having overtaken the slump of the 80’s a long time ago.

To Buy or not to buy, that is the question on everyones lips, if this is the bottom of the pit, then surely now is the best possible time to buy property? Well yes, but it’s still a gamble, prices could still drop dramatically, and these days its not that easy to buy a house unless you have a 20% cash deposit lying around the place.

Oooh thats a nice bungalow!.. now where’s that 40k I had in my wallet?