The looming threat of Brexit has dragged down the UK
property market further, with prices falling at the fastest rate in six years
and the outlook for sales the weakest in two decades, according to Britain’s
surveyors. The Royal Institution of Chartered Surveyors (Rics) said the number
of inquiries, agreed sales and new instructions all declined in December. Sales
expectations for the next three months were the lowest since the survey began
in 1999, with a balance of -28% – the difference between the number of
respondents anticipating increases and the number expecting decreases. Read
more on the Guardian website.
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