International buyers put off by Brexit uncertainty could drive prices down 1.6% next year
House prices in London will fall this year and next, with the possibility of a full-blown crash if Britain leaves the EU without striking a deal, according to a poll of housing market specialists.
Prices in the capital are expected to fall by 1.6% this year and 0.1% next year, a quarterly Reuters poll of about 30 analysts found, as the international buyers traditionally attracted by the London property market are put off by uncertainty surrounding Brexit negotiations.
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