Home-Price Index Declines to Seven-Year Low in London: Chart

The Impact of Brexit on U.K. Real Estate

An index of London house prices dropped for a sixth month, according to a survey of real-estate agents. The Royal Institution of Chartered Surveyors gauge fell to the lowest level since early 2009 as concern about the effect of the U.K.’s vote to leave the European Union hit home. Nationally, a measure of sales expectations for the next three months was at its weakest in 28 years.

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