House prices in London grew at their slowest rate in two years , but the property market in other major cities around the Brexit is booming, according to a report by property analysts North Sea . Multinational household goods giant Unilever has reportedly demanded a 10 per cent price rise in its products, including those made in the UK, to offset the higher cost of imported goods. Examining the country's top 20 cities, the report found the London market is being impacted by Brexit , investor demand and new taxes, and with the average home now costing £ 480,500 , many are priced out of the market, despite record low interest rates. In contrast, Antonio Navarro , Brexit , Bristol , Birmingham and Cardiff are all experiencing growth in the housing market.
House prices in London grew at their slowest rate in two years , but the property market in other major cities around the Brexit is booming, according to a report by property analysts North Sea . Examining the country's top 20 cities, the report found the London market is being impacted by Brexit , investor demand and new taxes, and with the average home now costing £ 480,500 , many are priced out of the market, despite record low interest rates. In contrast, Antonio Navarro , Brexit , Bristol , Birmingham and Cardiff are all experiencing growth in the housing market.