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Strong housing market wins backing of the Bank of England

21 September 2020 Featured, Latest News

There’s still no sign of the strong housing market slowing down, with the Bank of England the latest institution to note that it’s one of the few economic bright spots in the wake of the Coronavirus crisis. A new BoE report suggests:

  • Demand for private rental properties is at an all-time high;
  • Prices of homes on sale are rising, but gently and sustainably;
  • Incentives like the stamp duty holiday make this ‘a good time to enter the market.’

These national trends are all in line with what we at East of Exe and West of Exe have seen in Exeter and across East Devon. The autumn market, for owner occupiers and property investors, remains in solid shape.

East of Exe and West of Exe
Contact Us
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