The cost of buying a property has come down for many people on real terms, it is believed.
Simon Preston, chairman of iammoving.com, says this means good news for those looking at getting on the property ladder.
"We are in the zone of affordability. I'm not expecting housing prices in real terms to go much cheaper," he continues.
Mr Preston believes people looking at making reasonable capital gain from commercial property need to think about buying over the next 12 months, as prices may start to climb again after this period.
Hometrack reported in March 2009 that the number of property sales being agreed increased by 18.6 per cent compared to February 2009.
It also found that the average property price fell by 0.6 per cent since February and by 10.3 per cent since March 2009.
See Also: Property News (5994)
Date Published: 21 April 2009
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