Are prices going to stabilise?

[summerdip]

Want to buy a first-time buyers property and it seems an over-heated market. Will this settle?

As I've said in your other thread, the only way is up for the time being.

Work out what you can afford and get the property that you feel represents the best value for money.

I agree, all things being equal, prices are set to rise. But they will also fall - or at least level off - when interest rates start rising (which could be sooner than expected) and nosedive when the government (this one or next) decides to withdraw Help to Buy.

Agree with lala. If it's between buying now and in 6 months then you may as well buy now. If now or in 3 years, then you may well find better prices then.

There could be a massive adjustment in years to come. The market certainly needs it, but I doubt the government will let it happen.

When interest rates rise and help to buy ends, the market should level off.