Looking for Favourable Signs in the Street ; Tougher Competition and Strong House Inflation Are Key Factors in the Current Market, Writes James Toogood, Partner at Knight Frank, in Bristol

Summary


Tougher competition and strong house inflation are key factors in the current market, writes James Toogood, partner at Knight Frank, in Bristol

The Uk market saw a significant shift in confidence and activity in the third quarter of last year.

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Extract


Looking for Favourable Signs in the Street ; Tougher Competition and Strong House Inflation Are Key Factors in the Current Market, Writes James Toogood, Partner at Knight Frank, in Bristol

The new market sentiment means that vendors are having to compete much harder to achieve timely sales and ambitious pricing has effectively ended across the prime and mainstream markets.

Nevertheless, house price inflation in Bristol has remained relatively strong throughout the second half of last year, with pri...

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