Annual home price rises in Britain won’t keep pace with
already-low inflation until 2021, a Reuters poll found, and will fall in the
capital London this year as uncertainty around the country’s departure from the
European Union continues to deter buyers. Uncertainty is likely to continue
even if Britain leaves by Jan. 31 as is currently scheduled as there is another
tight deadline - by the end of 2020 - for both parties to hammer out a new
trade deal, though many doubt that target can be met. Prices in London, for decades a magnet for foreign
investors and speculators, will fall 1.5% this year and only hold steady in
2020. Read more on the Reuters website.
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