Confidence returns for the autumn
The UK continues to confound the experts post Brexit. The pound has fallen and we are told this is no bad thing as it will boost exports although inflation will worsen. The economy continues to thrive and we have better employment figures than Europe.
Most property experts predicated price falls post Brexit, commented Andrew Oulsnam, Director of leading West Midlands estate agents Robert Oulsnam and Company, in fact the opposite has happened. Prices are continuing to rise except in London and this company has had the best sales figures for three years in September.
Confidence is now returning to the property market and this should spread into next year. New instructions for property coming onto the market have slowed but should improve next year.
The London market is somewhat different having boomed way ahead of the rest of the country for the last few years. It is now experiencing something of a recession.