Our local BCP Property Market looks stable as the market re-balances to more normal levels of activity.
Supply is still low and demand high compared to Pre COVID levels especially for houses and garden flats which will help maintain activity and prices at current levels. There have now been some small price corrections in parts of the market where needed. First Time buyers experienced a 0.3% increase in asking prices in June where as second time buyers benefited from a 0.3% reduction in prices. Overall the South West average asking price is down 0.6% from last month.