Property News · May 21, 2018

Brexit uncertainty hits London property market the hardest in the UK, reports show


London remains a weak spot in the slowing UK housing market as Brexit clouds the outlook, reports on Monday showed.
The capital had an annual price decline of 0.2 per cent in May, property website Rightmove said on Monday. Separately, Acadata reported that in April London was the only region showing an annual fall, clocking in a 2.5 per cent drop.
Overall, national price growth stood at 1 per cent compared with a 9 per cent high reached in 2016, Acadata said.
Uncertainty surrounding Britain…

Source : South China Morning Post
Read more…Brexit uncertainty hits London property market the hardest in the UK, reports show

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