British house prices to rise as UK-EU uncertainty fades: Reuters poll [Reuters]
RIGHTMOVE PLC UNSP/ADR (RTMVY)
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Source: Reuters
British house prices to rise as UK-EU uncertainty fades: Reuters poll LONDON (Reuters) - British house prices will continue their upward climb in coming years as fears of a messy split from the European Union have waned and expectations for ongoing loose monetary policy supports demand, a Reuters poll found. Nationally, prices will rise 2.0% this year, 2.8% next year and 3.1% in 2022, medians in the Feb. 17-28 poll of 26 housing market experts showed, much steeper than predicted in a November survey. “It is anticipated that some of the uncertainty that has held back the UK housing market over the past year will begin to lift with the result that we see some modest pickup in house price inflation,” said Peter Dixon at Commerzbank. Prime Minister Boris Johnson won a decisive victory in an election in December, strengthening his position, and all Reuters economic polls since a narrow majority of Britons voted to leave the EU in June 2016 have said the most likely future trading regime wi
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