Buyers sitting on hands before Brexit leading to colossal oversupply
New figures from estate agent software providers Reapit illustrate a tipping point in the second quarter of 2018, as the proportion of properties come off the market due to withdrawal overtakes those coming off after being sold… 51% to 49%. The majority of those withdrawals come without ever receiving an offer. In London the figures are even more stark… 61% to 39%. More here.