Property prices in Bristol and across the UK will continue to rise in the early part of next year, it has been suggested.
According to Simon Rubinsohn, chief economist of the Royal Institution of Chartered Surveyors, while the fresh supply of homes available is beginning to pick up, it is still lagging behind buyer interest.
This means that, at least in the short-term, the market will tighten, he claimed.
He added: "Despite the probable ending of the extended zero rate band for stamp duty at the end of the year, the likelihood is that prices will continue to rise in the early part of 2010."
Mr Rubinsohn made his comments after Halifax released its latest price index, revealing that there was an average rise in the value of houses and flats of 1.4 per cent last month.
The typical cost of a house in the UK is now £167,664, the bank found.
