The latest UK Cities index from Hometrack has revealed
that despite Brexit continuing to dominate most aspects of life in the UK at
the moment, in the two and a half years since the referendum, it appears to
have had a limited impact on the UK’s housing market. According to the report,
households in regional housing markets appear to be shrugging off any
uncertainty. Six of the UK’s largest cities are posting year on year growth
figures over 6% with Leicester (7.7%), Edinburgh (7.4%), Manchester (6.3%),
Birmingham (6.2%), Nottingham (6.1%) and Liverpool (6.0%) all performing
strongly. Sales volumes continuing to keep pace with new supply in regional
cities, supporting price growth. Read more on the Property Reporter website.
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