📈 Devon & Cornwall Property Market: Summer 2025 Snapshot 🏡🌊
House Prices Surge, Interest Rates Cut, Rental Market Holding Strong, New Homes Pipeline and Market Dynamics Shifting
📈 Devon & Cornwall Property Market: Summer 2025 Snapshot 🏡🌊
According to the latest figures:
✅ Property prices up 6.4% in the last year (vs 5.3% regional average)
✅ Average rent up 0.8%, now at £1,307/month
✅ A huge 211,000 new homes built in Q1 2025 – creating fresh opportunities for buyers & investors
🔑 Whether you're looking to invest, relocate, or upgrade your lifestyle, the latest Guild Summer 2025 Magazine for Devon & Cornwall is packed with incredible listings, insights, and inspiration.
Let’s turn your property goals into reality this summer! 🌞
💬 Whether buying, selling, or investing, there’s real opportunity this summer – and we're here to help you navigate it with confidence.
The Momentum Builds 🏡📈
The latest housing market update brings a wave of positive indicators for buyers, sellers, and investors – especially across Devon & Cornwall.
🔑 Key Headlines:
🏠 House Prices Surge
• National average price: £271,415 (↑6.4% YoY – strongest since Dec 2022)
• South West up 5.3% – outperforming expectations
📉 Interest Rates Cut
• Base rate now at 4.25%
• Forecast to average 3.85% by Q4
• Sub-4% mortgage rates making a comeback
💼 Mortgage Affordability Boost
• Buyers can now borrow up to 13% more as lenders ease stress tests
• Typical 2-year fixed rate: 4.62%, 5-year: 4.58%
• Mortgage approvals stable: just 2.1% down YoY
📊 Rental Market Holding Strong
• Avg rent up 0.8% YoY to £1,307/month
• Supply remains tight, voids stable at 21 days
• 3–4% rent increase forecast for 2025
🏘️ New Homes Pipeline
• 211,000 completions in Q1 2025
• Private completions down 13.9%, keeping demand elevated
🔄 Market Dynamics Shifting
• Buyer confidence rising – 53% of agents reporting improvement
• May sales activity hit a 4-year high, helped by more listings (+13% YoY)
• Inflation rose unexpectedly to 3.5%, but GDP growth (+0.7% Q1) signals economic resilience
📖 Explore the latest homes in Devon & Cornwall:
🔍 What It Means for You
The combination of easing mortgage conditions, strong local activity, and continued investment in housing supply creates a window of opportunity for both buyers and sellers across Cornwall.
📞 Ready to explore your options or curious about your home's value in this evolving market?
📩 Whether you're planning your next move or looking to invest smartly, now is the time to act.
Let’s chat – We've got the insight to guide your next step with confidence.
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