Brexit indecision blamed for bleakest housing market outlook in 20 years

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The housing market slowed significantly towards the end of 2018 and the chartered surveyors said property sellers should expect further pain this year

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 /  🏆 41. in ZA
 

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House prices dropping so that many more can afford to get on the housing ladder.....you naughty, naughty Brexit.

That's pathetic,greed and mortgage rates are the reason. Nothing to do with brexit.

Fantastic news for those trying to get on the housing ladder.

This headline is misleading - the volume of sales may have reduced - there are many reasons for this not least people postponing sales for taxation reasons but the price of houses being sold remains on a slow but steady increase.

Note the word “indecision ‘

The left behind are getting there way, yet houses will not be any easier to buy due to remaining poor access to mortgage funds, despite a slight improvement. The only winners are the cash buying rich.

Property in the US is right down to...is that brexit. No it's not...its the showing down of this FALSE FIAT economy. Same as the cars, shops all being hit because the people are all tapped out of credit and jobs are declining in the wealth transfer going on. So stop your lies

Wow! 28% is even more than your 22% drop in circulation!

No surprise there then..

Yes I'm disgusted that my property which I have worked damn hard to pay for over the last few years has only doubled in price...but would be happy to lose a third of its value if it helps first time buyers get on the market...isnt this a benefit ?

Yes awful. A smaller mortgage for the next house, less stamp duty, agents fees. How terrible.

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Brexit uncertainty blamed for worst UK housing market outlook in 20 yearsPessimism in the short-term suggests the cause is the current lack of clarity around what the UK's exit from the EU will look like Personally id blame the Tories overall but Brexit hasn't and won't help any market. That's because estate agents don't know, or care about selling. Just bung it on the net some twat will click and buy it. What does this mean
Source: The Independent - 🏆 80. / 59 Read more »