A Stroud estate agent has identified three issues likely to shape the local housing market after the Budget: realistic asking prices, support for first-time buyers and the future supply of rental homes.

Liz Whitaker-Street said confidence would be crucial as the market responds to the Budget announcement. Her comments point to the importance of pricing homes realistically while ensuring prospective first-time buyers can access the market.

The availability of rental properties was also highlighted as a key factor for the housing market’s future. No further details about specific measures, prices or changes to the supply of homes were provided in the source material.