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Supply Drought Means Big Price Increases

Wed 18 Nov 2015

Every day I seem to read conflicting reports about the current state of the property market; ‘Supply Drought Means Big Price Increases’, ‘House Price Growth May Have Peaked’, ‘Mortgage Lending Hits 18 Month High’ are just some of the most recent. 

Certainly, the market has steadied, buoyed after the General Election earlier this year. However, there remains a good demand for quality, but competitively priced family houses and good bungalows in Dartmouth and the surrounding villages.

There have been some signs of price increases where demand continues to outstrip a moderately low supply. There is a constant demand for Dartmouth & Kingswear, with the village’s not far behind.  As always however, and no matter where your property is, it is down to sensible pricing and good marketing, making sure that your property is seen by the maximum number of potential buyers. Autumn is a great time to consider selling, with buyers keen to move just before Christmas or just after New Year.

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