Wednesday, 27 July 2016

What Brexit Means For House Prices

The housing market has been at the centre of a storm in recent years. Now the vote to leave the EU has added yet another major change which will create even more uncertainty for households and businesses. The impact on the private market is likely to be felt more in levels of market activity than in price changes. With many buyers adopting a 'wait and see' stance until they can ascertain what Brexit means for both the economy, the number of sales will no doubt fall. Past experience suggests this could be anything between a 5-15% drop in sales volumes. At present we don't expect widespread house price falls. Read more on the website.

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