When Will The House Market Crash?

If only we knew.  House prices have risen inexorably in the UK over the last few years and have fuelled inflation.  The base interest rate has started to rise and this will obviously cause first time buyers problems as mortgage repayments will rise.  It is this bottom end of the market that causes property prices to fall. If first time buyers drop out of the market because houses have simply become too expensive and they cannot raise the finance to buy, then prices will stagnate or start to fall.  All it will take is some major international financial crisis or a rapid rise in inflation in the UK causing base the rate to shoot up and then the housing market will crash.  I feel that prices are artificially high at the moment anyway so an adjustment rather than a crash is probably the most likely scenario.  If you are selling it is probably wise to sell now.  If you are thinking of buying don't rush into the market.  That is merely my opinion, no one really knows what will happen to the housing market as house prices can be affected by so many factors.