Property News · August 10, 2016

Land for homes cost falls in wake of Brexit vote


Caution from builders about effect of EU leave vote on market sees residential land prices in London fall to 2014 levels, with construction costs also a factorThe price of land earmarked for building homes fell between April and the end of June as developers became more cautious about the outlook for the market in the wake of the Brexit vote.The biggest fall was in prime central London, where the price of residential land was down by 9.4% year-on-year in June, according to figures from property firm Knight Frank. Continue reading…

Source : theguardian.com
Read more…Land for homes cost falls in wake of Brexit vote

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