UK house prices have been flat for two years. One month - the index is up a tadge, the next month it is down.
Don't you miss those conversations about the never ending increases in house prices. Where are those Estate Agents who would assure you that prices could never fall? The national obsession with property seems to be over.
I really should deflate house prices with inflation. How far have prices fallen in real terms? Perhaps next week, I will post an inflation adjusted chart.