Brexit uncertainty has crushed confidence in the property
market, according to the official surveyors’ body, with buyers evaporating,
prices falling and sales taking a record amount of time to complete. The Royal
Institution of Chartered Surveyors (RICS) said the time taken to complete a
property sale has widened to 19 weeks, the longest duration since it began
collecting data. It said the downward pressure on prices in London had spread
out of the capital, and that “the already negative readings for the south-east
and East Anglia deteriorated a little further in September”. Read more on the
Guardian website.
https://www.theguardian.com/business/2018/oct/11/brexit-uncertainty-taking-toll-property-market-rics-research
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