Has the 'credit crunch' caused or been seen to cause any issues yet, in your local/national housing market - In the UK house prices are no longer rising and the maket to sale time is drifitng as well

There is never something called a selling slump.In fact the sellers begin to expect a much higher price for their property and keep waiting for a prospective buyer.This leads to this complicated situation,in which no one gains.The fault lies with the real estate agents for floating the bloated rates.

I agree, there is always demand for housing - people appear quicker than houses.

 

The housing market does slow though as people are uncertain about the economy, they tend not to want to make big commitments until they see the road ahead, which does cause a house selling slump