According to analysts at RBS, signs of no deal of Brexit outcome are upsetting the UK housing market.
Key Quotes
“In September house price growth remained stable: average prices rose between 2% (Nationwide) to 2.5% (Halifax). In London prices fell for the fifth quarter running, down 0.7% but remain within 3% of their 2017 high. Worryingly, house prices fell for the first time in the Outer Metropolitan region, albeit by just 0.3% in Q3. Are we seeing the beginning of a ripple effect or just a blip?”
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