Optimistic Rightmove Forecasts Brexit Delay Could Boost Market

An optimistic Rightmove has said that it is hoping that the Brexit extension which could see the constitutional crisis drag on until October 31 will release some of the pent-up demand in the market. Its upbeat message is based on record traffic to the site, which it says shows there are buyers in the market. However, the search engine Home says that new listings are down 8% this month compared with a year ago, with both buyer and seller activity “slowing considerably”. It sees little prospect of improvement in the foreseeable future, and expects the market to stagnate. Read more on the Property Industry Eye website.

https://www.propertyindustryeye.com/optimistic-rightmove-forecasts-brexit-delay-could-boost-market/