Is it a good time to buy a house?

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Z

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My wife and I are first time buyers and wondering is a good time to buy a house?

We currently have an offer in on a house but keep on hearing that prices will continue to drop, people are still getting laid of, etc, etc

We in 2 minds whether to proceed with the current offer or pull out and wait for another couple of months.

What are your thoughts on this?
 
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