Going up.
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I think house prices will continue to rise in the UK for many years to come. Although they shouldn't rise as steeply as they have done in recent years (that was the result of an awakening of the market to undervalued property prices). The supply of houses will (thankfully) remain fairly constrained throughout the UK, with planning permission remaining difficult to obtain. As demand will probably continue to increase (and certainly won't fall), prices will continue to rise. It really is as simple as that (although there might be year on year fluctuations).
Anonymous 06 Lug 2005, 08:38 - Denuncia
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House Prices
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Grazie.