Looking through the press since Xmas it is interesting to see what predictions are being made by so called experts in the property market. The consensus of opinion seems to suggest that there wll be rises at the top end in such areas such as London and other in-demand areas. Overall however the predictions are that due to increased taxation and reduction in government spending we will see a drop in prices as this chart from a leading estate agent indicates. In North Wales we tend to follow the general trend i.e. prices risesin the South East tend to ripple out and hit us 12 months later so we don't expect prices to improve until at least 2011.
