Property market resilient despite Brexit uncertainty, says Halifax
September 23, 2019
House prices edged ahead in August according to Halifax, with the property market showing a “degree of resilience” despite intense political uncertainty. Halifax said average prices rose by 0.3% month-on-month, taking the annual rate of house price inflation to 1.8%. It was the second month of rising prices after four months in which they had been either flat or falling. Meanwhile, one of the leading skyscraper developers in London, Berkeley, said it had enjoyed a period of robust market conditions in the capital and the south-east of England. It is currently building London’s second-tallest residential development, the 68-storey South Quay Plaza in Canary Wharf, where apartment prices rise to above £2m.