A lack of stock may be making Bristol property gain value, comments made by one expert indicate.
According to Timothy Lambert, head of consulting at Ducalian, house prices across the country as a whole are rising because of a continued shortage of available residences.
Also, many first-time buyers are of the belief that if they do not get a home now, they will miss the bottom of the market, he claimed.
Mr Lambert remarked: "In the short-term, prices are likely to carry on rising. This often happens in the summer months anyway, but we are in a honeymoon period of new government and small economic growth."
However, prices are likely to correct over the course of next year, he went on to say.
His comments follow the release of figures from Nationwide, which showed that the value of dwellings in the UK increased by 0.5 per cent month-on-month in May.
