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SALES NEWS: Housing market stable as autumn selling season steps up a gear

9 September 2019 Latest News

The latest price index shows a remarkably stable housing market despite months of uncertainty surrounding Brexit and the economy. The Nationwide, which analyses mortgage lending to create a snapshot of buying and selling patterns, says:

  • house prices over the past year have grown just 0.6 per cent in the UK;
  • the typical UK home now costs just over £216,000;
  • every local region, including the south west, shows similar stability.

We have always cautioned about national averages, because prices vary significantly in every region and locality. But this level of stability in the market should give sellers and buyers alike great confidence if they want to move home this autumn.

East of Exe and West of Exe
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East Devon Sales & Lettings
61 Fore Street, Topsham, Exeter EX3 0HL
01392 877240
Exeter Sales & Lettings
1 Barnfield Crescent, Exeter, Devon EX1 1QT
01392 345070
West of Exe
Main Street, Exminster EX6 8DB
01392 833999