Property News · July 14, 2016

Housing sales forecast to fall sharply this summer after Brexit vote


Royal Institution of Chartered Surveyors finds ‘significant’ decline in buyer interest in latest market surveyThe number of homes changing hands is expected to slump this summer in the wake of the UK’s vote to leave the EU, with estate agents and surveyors more pessimistic about the housing market than at any point since the late 1990s.Inquiries from buyers fell for the third month running in June, and the number of sales agreed dropped sharply as the Brexit vote fuelled uncertainty in the market, according to the latest monthly survey by the Royal Institution of Chartered Surveyors (Rics). Continue reading…

Source : theguardian.com
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