Copperstones Properties

Brexit won’t stall market – house prices to climb again

City view on night time

Brexit vote has not just made the UK quit the European Union (EU) but it has also created economic uncertainty in the country. The real estate sector has been sternly affected but the data shows some other picture – the house prices in the UK rose to a whole new level in July. The latest statistics obtained from Nationwide Building Society suggest that the house price rose to a record high value of £205,715 on average, compared to 2015 values – up by £10,094 just in one year. Seeing the record high prices, the experts opine that the growing demand would be cooled off in the coming months due to financial ambiguity.

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