Good Prospects for 2014

2nd January 2014

Guernsey’s housing market has been difficult to predict during the recession. The annual volume of sales has fallen by 25% since the last property boom, but the island’s average house price has increased year on year.

With more certainty, however, the current trend is for a stronger market in 2014 with confidence building and mortgages more readily available. This is further endorsed by The UK Treasury, The Royal Institution of Chartered Surveyors (RICS) and the Halifax Building Society, Britain’s largest mortgage provider - and Guernsey typically follows the mainland lead.

The Open Market has already seen increased activity last year and the rally in Local Market sales at the end of 2013 looks set to continue.

You can confidently contact any of Cooper Brouard’s experienced sales negotiators for comprehensive and impartial advice on all aspects of Guernsey’s housing market  -  or tel: (01481) 236039