It appears people are finally fed up with Brexit, couldn’t care less what happens next, and have decided to continue with their lives, or at least that is what the property market is signalling anyway.
New statistics have shown that house prices are rising at a productive pace for the first time in a couple of years, and people are getting back into the business of buying and selling after holding off their plans to see what Brexit would mean for them.
Unfortunately, as we all know, Brexit never materialised, and more than likely isn’t going to materialise in the future in a way that people had hoped for. Because of this, people have decided to stick two fingers up to the idea of seeing and waiting, and have instead elected to get back on with their lives – and rightly so.
On average, a property new to the market rose by around 1.2 per cent. This rise is the biggest seen in well over a year. This means that a property coming to the market now will have an increase in value of around £3,550.
Compared to this time last year, the property market has seen a positivity surge, and many forecasters believe that this is a direct result of people growing increasingly impatient with the shenanigans surrounding Brexit. People are deciding to take the plunge anyway as they have grown exceedingly frustrated with staving off plans because of Brexit. Instead, they are now moving the property market on at a great pace.
Of course, there is still some way to go. Despite the figures being positive, there is still a great deal of trepidation surrounding finances and property. Brexit has made people extremely nervous, and it is going to take many months, if not years, for people to have confidence to make big financial decisions again. We are hopeful, however, that this latest news is a sign of things to come, and is a sign that people won’t take anything laying down anymore.