Future moves for the property market

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New Delhi, October 02, 2016: It is now three months since the EU referendum, when economists predicted an economic slump and crashing house prices in the event of a vote to leave. Yet the slump did not come. “When it comes to real estate, often the impacts of change are delayed, like a slow-motion car crash,” wrote Adam Challis, of JLL, the property agent, in July, as economic predictions of disaster unfurled. “The good news,” he added, “is that we don’t believe events will unfold anything like that.”

Not everybody agreed with him. In the weeks after the vote agents reported buyers pulling out of… 

The Times