House Prices Falling

It was reported that house prices are falling faster than usual. I think there is a strange feeling coming towards me stating that house prices will continue to fall until God knows when. Anyway, it is not all that are lost because the Bank of England will pump in more money into the market as so to help the financial sector to regain some of the lost positions.

I really do hope that everything will return to normal as soon as it can as the current situation is not favourable. Fingers crossed.

Update:

16/04/2008: We know that house prices are faling fast according to this article but the question is whether house prices will fall more. When is the appropriate time to buy a house if you have the cash? Is it now as house prices are falling fast or shall we wait longer, thinking that house prices will fall more?