The Nationwide reported today. It's a continuing slowdown - prices falling (nationally) 0.2% in August, the annual inflation figure down to a seriously disappointing 2.3%. So what's going on? No crash, that's for sure. But affordability is still a problem. What we're seeing is the long haul - the time it takes for every other type of inflation to overtake and run away from house price inflation... leaving a big enough space in between to contain the "correction". More, here. For your own copy of the actual, factual pdf of market gloom, go here.