UP

Brexit uncertainty to keep UK house price rises muted

Home page Politics
12 Punto 14 Punto 16 Punto 18 Punto
Brexit uncertainty to keep UK house price rises muted

British house prices will rise 2 percent next year, less than what is expected from inflation and held back by uncertainty around Britain’s decision to leave the European Union, a Reuters poll of analysts found on Monday.

Axar.az informs, in a survey taken ahead of the June 23 referendum, house prices – the bedrock of UK consumer wealth – were expected to rise at just over twice that rate next year, based on an assumption Britain would vote to remain a member of the EU.

None of the respondents to an extra question said their opinion on the future of Britain’s housing market had improved since the referendum while eight said there was no change. Eleven said it had got worse and one said a lot worse.

For 2018, views were nonetheless mostly revised up in the broader poll of 25 economists, estate agents and brokers. They forecasted house prices across the country will climb 2.7 percent, just a bit faster than the 2.4 percent prediction made in the August poll.

Date
2016.12.05 / 18:59
Author
Axar.az
See also

Czech PM Babis to visit Azerbaijan April 26–27

UN adopts resolution on Azerbaijan’s initiative

Ilham Aliyev receives leaders of Turkic states in Baku - Photo

Ilham Aliyev to pay historic visit to Kyrgyzstan

Second OTS leaders’ meeting concludes in Baku

Ilham Aliyev receives Turkish VP Cevdet Yilmaz - Photo

Turkiye’s Vice President to visit Azerbaijan

Putin: Azerbaijan and Armenia relations stabilized

Putin: Armenia can’t join EU and EAEU simultaneously

Deadline to apply for Urban Expo at WUF13 extended

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla