Property News · August 29, 2018

One-in-three chance of London house price crash, says expert poll


International buyers put off by Brexit uncertainty could drive prices down 1.6% next yearHouse prices in London will fall this year and next, with the possibility of a full-blown crash if Britain leaves the EU without striking a deal, according to a poll of housing market specialists.Prices in the capital are expected to fall by 1.6% this year and 0.1% next year, a quarterly Reuters poll of about 30 analysts found, as the international buyers traditionally attracted by the London property market are put off by uncertainty surrounding Brexit negotiations. Continue reading…

Source : theguardian.com
Read more…One-in-three chance of London house price crash, says expert poll

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