Spring has not Sprung any Life into the Housing Market

I have watched the lambs bouncing around the fields full of vitality and energy for the last few months. However the bounce has lessened and the bodies have become heavy and rounded. Now when you look into their eyes you see a darkness that suggests the knowledge of their soon to be destiny has been realised.

This inevitable destiny seems to have gotten hold of the UK housing market and the resignation of a looming crash, spurred on by the ever self-serving media, is now just a case of how big?

This article in the Financial Times shows that the traditional bounce of a spring housing market has sprung no life back into the property market.