What’s in store for the housing market?

- Wed 13 Jul 2016

As a well established independent estate agency business with 33 branches covering Somerset Devon and Cornwall we are well placed to track housing market movements in what has been an unparalleled and torrid 4 weeks of constitutional activity in the UK

If we compare two weeks of house sales in May (pre brexit) and this last week one would draw the conclusion that nothing has changed and its business as usual.

However we have experienced a roller coaster of highs and lows in the intervening period a sure sign of deep uncertainty that hit not only the stock market, gold prices and for just one week the housing market.

Happily, it seems that as uncertainty has given way to a more certain direction of travel with the Government and all things Brexit, the housing market has quickly returned to normality.

Without being too hasty, our opinion is that with interest rates remaining at historic lows and underlying buyer demand returning to normal strong levels, that for now, it is a great market to be selling or buying.

As a buyer the prospect that house prices appear to have stabilised suggests that this is a fair market in which to make your move.

For all of our customers we strive to offer the complete property service whether it be Bradleys conveyancing, mortgage advice, insurance quotes, rentals or even house surveys. Above all we are here to help you with your house move.

Chris Baxter - Bradleys Land & New Homes Director

Chris Baxter
Bradleys Land & New Homes Director