Jan
30

CARDIFF IS NAMED AS A ‘BREXIT BUSTING’ CITY

As uncertainty continues over Brexit and Theresa May prepares to return to Brussels to hammer out a new deal, house price research shows many cities outside London have shrugged off the Brexit blues. Zoopla says house prices are rising at least twice as fast as the national house price inflation average of 2.7% in six cities. “As the debate around Brexit intensifies there has been renewed focus on what this means for the housing market,” says Zoopla’s UK Cities House Price Index. “It is clear from the transactional data that households are continuing to buy property at a steady rate and the impetus for growth in both activity and prices is focused in regional housing markets.” The six year-on-year house price increase Brexit-busters are: •Edinburgh: 6.8% •Liverpool: 6.3% •Birmingham: 5.9% •Nottingham: 5.9% •Cardiff: 5.9% •Manchester: 5.8%

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