Oct
12

U.K. Housing Market Strengthens in September as Brexit Hit Fades

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  • Lack of properties for sale supporting prices, RICS says
  • London posts further declines as affordability stretched

The U.K. housing market strengthened in September after the shock inflicted by the Brexit vote faded and a shortage of properties for sale persisted.

The Royal Institution of Chartered Surveyors said its house-price gauge rose to 17 from 13 in August as an increasing number of real-estate agents reported appreciating prices. Values continued to decline in central London, home to the priciest real-estate in the country…

U.K. Housing Market Strengthens in September as Brexit Hit Fades

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