Sep
07
U.K. Housing Market ‘Settling Down’ After Brexit-Vote Shock
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RICS says August house-price index rises from 3 1/4-year low
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London home values continue to fall and stagnation predicted
The U.K. housing market gained momentum in August after the shock to confidence caused by the Brexit vote, a survey found.
The Royal Institution of Chartered Surveyors said its house-price gauge rose to 12 from a three-year low of 5 in July as more real-estate agents reported appreciating prices. In London, it remained negative for a sixth month, indicating home values are falling outright…