We will see housing market start moving again

a few reasons:

1, Government's mortgage protection scheme starts in April, If you lose your job and your mortgage is lower than 163;250,000, government pays the interest for 2 years.

2, Northern rock will start mortgage lending next month, 163;16 billion this year, and 163;16billion next year.

3, RBS and Lloyd have committed to leading as well, don't know the figures of RBS; while Lloys's is 163;14billion this year and $14billion next year.

4, interest rate is low, that means people could afford high house prices, and interest rate will stay low, because the economy will not grow more than 5% per year for the future.

5, shared ownership scheme, and 75% purchase scheme help the house builders to shift houses.

The only factor could drag down the house price is the mortgage deposit from the bank.