House sales rise for county agent
The number of house sales in a county estate agents' five offices rose four per cent last year.
Perry Bishop and Chambers have revealed sales were up in Gloucestershire and the average house price rose by two per cent.
Ian Perry, managing director at the agency said one and two-bedroom homes were particularly popular.
He said: "The one sure prediction that one can make about the housing market is that it cannot be predicted.
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"House prices can vary greatly within a small geographical area, from one end of a town to another, and within different price brackets. "Locally we have seen increased demand for small one and two-bedroom properties, which are being snapped up by a number of our lettings clients as long-term investments."
Ian added the economy was "seemingly more stable" than it was 12 months ago due to less volatility in the eurozone.
The number of households has increased and the number of first-time buyers aspiring to be on the housing ladder is as strong as ever, he said.
"Our view is that, with some fluctuations, the market should be relatively stable through 2013," he said.
"We predict housing transactions will be at the same levels and we are expecting prices to vary by only a small percentage point."
The UK Council for Mortgage Lending said there were grounds for optimism in the housing market, while the Halifax reported that there were more first-time buyers in 2012 than there had been in the past five years.
Perry Bishop and Chambers has offices in Cheltenham, Cirencester, Nailsworth and Tetbury in the county.