UK housing market to remain stagnant over next three years

So says a Reuters poll

  • UK house prices to rise 2.5% 2017, 2.3% 2018, 3.0% 2019

  • London prices to rise 0.3% 2017, 2.0% 2018, 2.5% 2019

  • If Brexit negotiations turn fractious (more when than if), that will be the number one risk for the UK property market

They call it a risk but it could be a positive. If there's wholesale job losses over here due to Brexit that could hit the property market. If we find that foreigners leave the UK in numbers, that will hit prices, which will make it more affordable for people to get on the property ladder, and allow them not to overextend themselves with mortgage debt.

Once again, there's two sides to the Brexit argument, what happens domestically and everything else.

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