Future of UK house prices

The British public is becoming increasingly positive about the future of UK house prices; this is encouraging some of the more positive of property developers, to start to venture back into the market.
Those that are feeling more cautious are waiting to see what happens after the general election, many believe that whatever the results the new political term may bring tighter economic measures. The first could be an increase in interest rates and then higher taxes? This could be enough to stall the current fragile housing market recovery and continue the squeeze on the property sector.