Brexit will cause housing investment to fall in 2017, but ‘no sharp correction’ for prices – EY

Brexit effects have yet to kick in, warns EY

“It is too early to celebrate the success of Brexit”, warns EY in its latest ITEM Club forecast, as the real economic effects have yet to materialise. Analysts predict that the increasing likelihood of a “hard Brexit” – which culls access to the single market – is “likely to take about 4% off UK GDP by 2030”. And the property market is likely to suffer…

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