The Halifax house price index returned to its usual sombre mood in February, showing a 2.3% fall in the average house price, against a surprise 1.9% monthly rise in January.According to the lender, the value of the average UK residence fell £3,800 during the month to £160,327, a level last seen in August 2004.The annual [...]

More: House prices down another 2.3% in February

Sometimes average figures don't mean much. There are areas which are affected more than the others, by adding it together we just smudge the picture.

Is the house price drop any indication that its the right time to start investing in properties or should we wait for further drops or even when it becomes buy 1 get 1 free or get the other half price?