buyers are assuming houses are for sale because vendors "have" to sell. I expect there will be a stalemate between buyers and sellers - as from sellers point of view - why should sellers give away their property?? what will happen is houses will go off the market if people don't get what they need to move/trade up etc. Why do people on this forum think that sellers will just accept any price as they are desperate. IMO they want to sell, do not need to sell.