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Property price growth is expected to slow in UK and Europe as consumer confidence falls. The British vote to leave the European Union has brought the British pound down to a 31-year low, meaning UK house prices are now cheaper for foreign investors, buying in foreign currency. Property analysts in the UK also predict a … Read more
Property experts have suggested that Britain’s shock decision to leave the EU in Thursday’s referendum could actually be good for the UK property market – at least in the short term. Many estate agents think that the falling pound will result in a huge influx of foreign investors who are keen to take advantage of … Read more
Uncertainty over the EU referendum has driven the biggest fall in the number of people trying to buy a property since the financial crisis and deterred sellers from putting their homes on the market, according to the latest report from surveyors. The fall in buyer inquiries is expected to lead to a drop in UK … Read more
Just a few days ago, the Kenya Bankers Association released the House Price Index for the first quarter of 2016. The 1.4 % increase of the index presented reflected an uptick in house prices during the first quarter of 2016, with the movement representing a not very promising future for the country’s most popular sector … Read more