The latest Halifax numbers showed prices falling by 0.1% in November and 2.1% in the last three months. The annual rate of price falls is now 0.7%. It is, says Martin Ellis, housing economist at the Halifax, "consistent with a relatively flat overall trend in house prices".
But let's not forget as all too many people want us to that "flat" actually means "falling" at the moment. With RPI inflation well over 4%, your house is losing value in real terms every day. Indeed, if you take inflation into account which you obviously should UK house prices are already down 20% plus on their 2007 levels.
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