There are definitely better and worse time to buy, but in general it's good not to delay purchase for ages. I bought in London when prices were rising dramatic

There are definitely better and worse time to buy, but in general it's good not to delay purchase for ages. I bought in London when prices were rising dramatically. It did feel like it was now or never at the time. We had held off buying for years, thinking that the crazy price rises were unsustainable. We were wrong, at least on any time frame that mattered for us. By the time we bought (I had some big pay increases) we ended up in a perfectly nice but small house that we could easily have bought for half the price 5 years earlier, and would have been affordable for us before I was better paid.