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Evening Standard
Evening Standard
Business
Greg Pitcher

London house prices: how the 'prime property playgrounds of elite homebuyers' have been affected by Brexit

Back in May 2016, the then-Chancellor George Osborne warned that UK house prices could fall by 18 per cent in two years if Britain voted to leave the EU.

But while that particular dire prediction may have been tempered by unforeseen events, including multiple changes of government and a global pandemic, separate estate agent Savills found that in real terms (when adjusted for inflation) house prices today are no higher than they were in late 2015.

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