Monday, 17 July 2017

UK housing market shrugs off concerns of Brexit slowdown

New article from your news rule in Inoreader
Via Network Front | The Guardian by Simon Goodley

Rightmove survey shows 4.6% rise in house sales compared with the month of the EU referendum, while the sum of 2017 sales is on a par with the year before

The UK housing market is shrugging off concerns in the wider economy following the Brexit vote, compounding problems for many first-time buyers still wrestling with the strongest year-on-year price rises in the market.

There are more buyers and sellers in the wider market compared with the period around the referendum a year ago, with the number of sales agreed up by 4.6% in June 2017 compared with June 2016, the latest survey by property website Rightmove found.

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