Can the UK avoid a house price crash?

It’s been a rollercoaster week for investors, but the property market should survive the credit crunch. The Northern Rock crisis has dented confidence in the housing market but most analysts still predict a soft landing rather than a crash.

Graham Norwood, Daily Mail - 21 September 2007

HOUSE PRICE CRASH? UK property should avoid a major slump claim industry experts

Signs of a slowdown have been on the horizon since early summer, long before ‘credit crunch’ and ’subprime mortgages’ became part of the standard dinner party lexicon.
In the four weeks to early September - just ahead of the Northern Rock turmoil - asking prices of homes on sale in England and Wales were already dipping - full article