Buckinghamshire, Northamptonshire & East Oxfordshire property market comment – May / June 2011
The number of buyers in the market has certainly reduced somewhat from earlier in the year, stock levels continue to remain low and as such prices being achieved on sales continue to remain around the 5% mark off asking prices. According to a report by Rightmove.co.uk, the average asking price for properties increased by 1.6% last month so we have still not witnessing the much hyped ‘double dip’. At the start of 2011 we predicted that prices in Buckinghamshire and south Northamptonshire would drop by no more than 2% over the next twelve months and as the year creeps on we feel more and more confident that this prediction will be about right.
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