Thursday, 6 December 2018

Regional Housing Markets 'Shrug Off' Brexit Uncertainty


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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