New figures suggest house prices across the West are rising out of reach of local people.
The Royal Chartered Institute of Surveyors is predicting a 4% increase in house prices across the South West every year for the next five years - attributed to a lack of new homes.
First-time-buyers in Exeter who can't afford a new property are being offered shared ownership.
Details about shares of up to 80% market value are available at an information session at the Guildhall from 1pm to 7pm today, 25 September.
It's being run by the city council in partnership with the government agency, "Help To Buy South West".
House prices in the South West will jump 7% next year, according to a new forecast from property experts, RICS.
It says there is increasing demand but also a shortage of new properties coming on to the market. It claims the cost of renting the home will rise by 2%
The number of homes coming onto the market has significantly increased as house prices continue to rise in the South West. According the Royal Institute of Chartered Surveyors, the number of surveyors reporting new properties on the market rose by 68 percent.
They say those who may have been waiting for the right time to sell appear to be choosing to do so now.
Malcolm Westcott, Managing Director of Webbers, the largest estate agents group in the south west, is even more optimistic about the future:
House sales in the south west are at their highest level since 2010. The Institute of Chartered Surveyors say agents sold an average of 18 properties in a three month period. They're predicting further increases this year.
The average asking price for a house here in the West Country has gone up by almost four per cent, in just a month. In real terms that means the average price of a home on the market here is just under £260,000.
Experts in the industry say it could be a sign of a revival in the property market. But what does it mean for those who want to buy a home?
Estate Agents in the region are reporting an increase in confidence among buyers.
Malcolm Prescott, of Webbers Estate Agency, reports that houses are selling quickly at the right price. In Braunton, since the start of the year, his agency has sold 9 properties within days of coming on the market.