Is property market heading for a crash ?
Friday, June 19th, 2009 at
11:01 am
I’ve noticed that more houses are on sale in the market and the house prices are going down as well because the houses are not selling as quick as they used to be.
Do you thiink we are heading for house market crash ?
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Tagged with: House Prices • House Sale • Market Crash
Filed under: property crash

Of course no one can read the future. What is clear is that the excess of a boom are now being corrected and that the trend is reversing.
Some local markets that didnt participate in the boom will be better off, others that have strong job growth may hold up better.
We have a correction, not a crash. At this point the downturn seems to be declining not crashing. Big forces such as the banking system, the Federal Reserve Board and the US Govt. have no interest in allowing a crash
It’s already crashing.