Reuters (January 15)
2018/ 01/ 16 by jd in Global News
“London’s once red-hot housing market has slowed for the past year due to a double hit from higher purchase taxes on expensive homes and the June 2016 Brexit vote, which hurt demand from foreign buyers and raised fears of big job losses in the capital’s financial industry.” The average asking price dropped 3.5%, year on year, to approximately 601,000 pounds.
Tags: Brexit, Expensive homes, Financial industry, Foreign buyers, Housing, Job losses, London, Purchase taxes, UK
