SALES NEWS: More choice for buyers as market settles and homes come on sale
Asking prices for homes on sale across the south west of England have risen 5.2 per cent in the past year according to Rightmove, the biggest property portal.
Rightmove’s latest figures, for mid-June to mid-July, show a stable market with no significant movement in prices as a result of the referendum.
Across the whole of the UK there has been a six per cent increase in the number of homes on sale during this four-week period compared to the same time last year. This is a sign, Rightmove says, that the market has not been hurt by what some regarded as the surprise result of the EU vote.
East of Exe has seen a similar increase in activity since the referendum, with new instructions in Topsham, East Devon and Exeter, offering buyers more choice than usual at the start of the summer holiday season.