Property Investor’s FactFile – March 2019
Considering most of us shrug our shoulders when trying to understand the real implications of Brexit on our day-to-day lives, fathoming the ongoing direction of the property market at the moment is an even more challenging proposition. The reality of failed predictions was no more highlighted when wide economic forecasts of a post-referendum house price crash failed to come into fruition. The leading post-Brexit house price indices have all demonstrated that values have remained broadly flat since the vote. Yet, some argue that the real effects of Brexit on the economy and housing market have not played out yet – particularly given the country hasn’t formally untied its relationship with the EU. Irrespective of what occurs over the next month, housing affordability (or lack of it) will remain a pertinent issue – particularly across London and the South East. [Read More]
