Brexit boost as housing market thrives

Brexit has not damaged the property market, despite Project Fear predicting a massive crash.

The number of sales rose by 4.6% in June 2017, compared with the same period a year ago, according to Rightmove.

45% of estate agents’ property stock is now being sold subject to contract and cumulative sales are holding – they’re down just 0.4% despite the fact the first 6 months of last year saw a surge due to the April 2016 stamp duty deadline.

Miles Shipside, Rightmove director and housing market analyst, said: “A year on from the shock referendum result and subsequent dent in activity levels, the fundamentals remain strong.

“Low unemployment, low interest rates, strong demand and historic undersupply of homes are mitigating any wobbles in confidence and as a result nearly half the properties on the market, over 45%, have sold signs slapped across them.”

This is yet another example of Project Fear’s lies being exposed. Surely there’ll come a point when Remoaners have to admit Britain is doing just fine after Brexit?