A positive outlook for the south west property market

18th April 2019
Headshot of Kivells Elaine Cook

Elaine Cook, Office Manager and Senior Sales Negotiator at Kivells Launceston, discusses the positive outlook for the current property market in the south west and why now is the time to sell your home with Kivells.

Here at Kivells we are enjoying a busy and exciting spring with a positive outlook in the South West as we defy the uncertainty of the London markets with buyers continuing the trend to move west in search of better lifestyles. This trend, coupled with a weak supply of housing stock, continues to underpin and create an artificially high demand for homes.

There is a consensus, as was the case in 2018, that the rate of house price growth in the UK as a whole will be greater than in London as their property market continues to realign. The majority of experts are expecting prices across the UK to rise but only by very modest amounts.  Predictions from the Royal Institution of Chartered Surveyors point to prices rising steadily to 3% in the South West during 2019.

According to HMRC’s most recent seasonally adjusted figures, there were 101,780 house sales in February 2019, displaying a pleasing increase on the previous month. Further evidence of a healthy property market for sellers as we enter the busy spring months.

Kivells Farms & Land Agencies are also reporting an unprecedented number of sales since the autumn despite the general uncertainty surrounding Europe and what the future holds.

There is no better time to sell your property in the south west. Kivells are encouraging their clients to bring their homes to the market now while the positive effect of selling in the region continues to defy the uncertainty in other parts of the country.  Kivells invest in online marketing strategies, drone and video photography, high profile office locations coupled with experienced, hardworking agents to ensure your property is marketed to the highest standards and is seen by thousands of potential purchasers across many platforms.  

Kivells are Propertymark protected agents and members of the Property Ombudsman and RICS so you can buy and sell your home with confidence. If you are thinking of selling, contact our property professionals today in Bude, Callington, Exeter, Holsworthy, Launceston and Liskeard.