Brexit Bulletin: U.K. Home Sales Slump Most Since 2008
Although some see slump as short-lived
Brexit Undermines Near-Term U.K. Housing Outlook
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Brexit is hitting the housing market. Sales dropped the most since the financial crisis in 2008, according to data from the Royal Institution of Chartered Surveyors. Prices rose at the slowest pace in three years in July and new listings declined. The data sent shares in homebuilders including Taylor Wimpey lower.