No-deal Brexit could see house prices tumble by 20%

House prices in the UK could fall by as much as 20% if the UK crashes out of the European Union with no deal on 31 October, a new report claims. Research by KPMG has suggested that a no deal Brexit could cause house prices to fall by around 6% in 2020, but a decline of 10%-20% is possible if markets react more strongly than anticipated. Northern Ireland could see the sharpest fall (7.5%), followed by London (7%). If the UK exits with a deal on the 31 October, house prices are expected to stabilise for the rest of this