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Impact of Brexit on the property market

Chestertons Estate Agents

Almost two years after the 2016 EU membership referendum returned a majority favour, there has yet to be any significant economic impact. Our Brexit Report looks at the real-estate sector post referendum and what the future holds.

With concern among EU residents regarding their post-Brexit residency status, a number of purchase decisions have been put on hold. Although buyer demand has weakened, buyer interest has risen over the past 6-9 months as asking prices have decreased to a more acceptable level. The transaction numbers seemed to be hindered not only by Brexit but affordability issues and record of low volumes of available stock. 

Read the full report below.

Research and news with Chestertons Estate agents Article Details

Contributed by

Nick has more than 20 years’ experience within the property research arena.

Nick Barnes

Nick Barnes

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