With the awful unemployment figures being released globally, we really can´t expect to see what I would regard as a genuine, sustainable upward trend in the housing market.

With repossessed homes being sold at auction for a fraction of there true worth, how can we uphold house price values in areas subject to clearance sale property by banks looking to recoup at least some of their ill conceived loans. Is enough being done to stimulate the job market, I think not. Small firms are still feeling the brunt of the lack of finance available to them and as we all know "overheads walk on two legs".

The positive houseprice indicators cannot be sustained unless fundamental improvements are seen within the wider economy.