The 'Worst Time to Buy a Home for Three Years'

Homebuyers' confidence in the housing market is at its lowest since April 2011 after being dented by soaring prices and fears over higher interest rates, a report shows. The proportion of people who believe now is ‘a good time to buy’ has fallen to its lowest level for at least three years, according to mortgage lender Halifax. More than a third of people asked, or 35 per cent, said rising house prices were a barrier to buying, up from just 20 per cent a year ago. Read more on the Daily Mail website.