'With the Average House Unaffordable in 95% of Towns, First Time Buyers Won't Haveaneasytimeofit'

Summary

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House prices must be one of the nation's favourite topics of conversation - what's going for what and where the property hotspots are - but what should we expect in the coming year? Hannah Jones asked the experts

Will prices keep rising in 2007?

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Extract

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'With the Average House Unaffordable in 95% of Towns, First Time Buyers Won't Haveaneasytimeofit'

House prices in Wales are next year forecast to go up by 3%, the lowest level for more than a decade, according to the UK's largest mortgage lender.

The figure was one of several financial predictions by Halifax for 2007, revealing mixed fortunes for Welsh savers, homeowners and would-be first time buyers.

However, most people believe that house prices will continue to rocket in 2007.

A survey for fi...

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