UK House Prices Fall Amid No-Deal Brexit Fears

House prices in Britain unexpectedly fell last month amid mounting fears over the impact of no-deal Brexit on the property market. According to the latest snapshot from the Nationwide building society, prices fell in September by 0.2%, pulling down the average price of a home to £215,352 from £216,096 in August. Economists polled by Reuters had forecast a 0.1% rise on the month. With just 30 days until Britain’s scheduled departure date from the EU with little sign of a breakthrough in the deadlock with Brussels, analysts said property buyers and sellers were delaying their decisions amid the uncertainty. Read more on the Guardian website.

https://www.theguardian.com/business/2019/oct/01/uk-house-pricesno-deal-brexit-nationwide-london