Purchasers are active and there seems to be particular activity in the £350 - £500K sector. Whilst the outlook on values remains flat at best, the expected arrival of a new lender into the Guernsey market may help to underpin prices and halt the drop in values that we have seen over the last three years.
Martel Maides Newsletter - January 2017 Report
The Local Market has started off in pretty sprightly fashion – leading on fairly seamlessly from Q4 2016. Given a fair wind externally we expect the market to continue with good levels of activity while vendors remain realistic.