Thursday, 17 January 2019

UK House Prices Fall At Fastest Rate In Six Years On Back Of Brexit


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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