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New House Prices/sales Effect On House Market

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After chatting to a house development the other day who had sold none of its new builds on its development yet, I asked an EA how he thought this would impact the market as a whole - He claimed he it would not affect it at all, this is supposedly a completely different market.

I was just curious of what other peoples opinions, if New developer can't sell their current stock and have to discount their houses aggressively to sell them, how will this impact older house prices.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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