Reading through the news this morning all I could find was doom and gloom in regards to the housing market - housing market remaining slow, pessimism affecting housing market and highly uncertain, being the main headlines online today.
But click on to them and read through and there is a glimmer of hope! So I have "swiped" the positive comments out for everyone to see below:
"“However, there is a very clear regional pattern emerging, with London seeing a greater level of price resilience, while in much of the North and Midlands the market remains under greater pressure.” http://www.estateagenttoday.co.uk/news_features/Housing-market-gets-off-to-a-bad-start-says-RICS
"Atlantic Canadians may feel they can afford to scrimp and save to pay off debt built up during a holiday buying spree, as the bank suggests, but those same people may feel that purchasing a new home is just too far out of their reach for now. But there is a touch of irony that a simple decision by individuals to hold off on making major purchases, such as a new home, ultimately affects the broader economy"
http://thechronicleherald.ca/Business/1226718.html
It seems that the Canadians are experiencing what we in the UK are. There is little confidence in the market and therefore people aren't buying - but if there was the confidence then we would see higher prices, more properties on the market and more work and better for the economy. Unfortunately (yes, I am on that "soapbox" again) until the Government puts pressure on the banks to make it easier to get a mortgage again we aren't going to see the influx of first time buyers on the market that we need.
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