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UK residence prices rise, consumers recover some certainty after Brexit hit

British residence cost rises picked adult speed in Aug and households recovered some certainty that had plunged after June’s Brexit vote, according to surveys that combined to signs of ease among consumers after a astonishing referendum result.

Prices rose 5.6 percent compared with a same month final year, faster than July’s 5.2 percent. Economists polled by Reuters had approaching residence prices to arise 4.8 percent.

In monthly terms, residence prices rose by 0.6 percent, from a arise of 0.5 percent in July.






Article source: http://www.dailystar.com.lb//Business/International/2016/Aug-31/369786-uk-house-prices-rise-consumers-regain-some-confidence-after-brexit-hit.ashx