Most first-time buyers believe property is over-valued | Mail Online
The majority of Britons including first-time buyers think house prices are too high, according to a survey released today.
However, only a quarter of the population believes the cost of buying a house will continue to fall with most saying prices will remain unchanged because they expect the economy to stabilise.
Only around 25 per cent of people think house prices will drop during the coming year, down from 32 per cent who were expecting them to slide further in the first three months of this year, according to property website Rightmove.co.uk.
Instead, 40 per cent of people think prices will be broadly unchanged 12 months from now, the seventh consecutive quarter in which more people have said there will be no change.
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