Jul
17
U.K. Housing Market Will Cool This Year, PwC Says
By-
House-price inflation set to slow to 3.7% from 7% last year
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Inflation, Brexit will weigh on consumer spending, investment
The U.K. housing market will cool this year as uncertainty around Brexit hits the economy, according to PricewaterhouseCoopers LLP.
Home-price inflation will slow to 3.7 percent from 7 percent in 2016, and London will be the most severely impacted, PwC said in a report published Tuesday. The changes reflect the wider economic picture as inflation and Brexit take their toll on consumer spending and investment…
U.K. Housing Market Will Cool This Year, PwC Says
