Real estate stocks to benefit from a potential Brexit deal
Real estate investors are expecting to benefit when the United Kingdom leaves the European Union.
Zillow, the real estate market’s leading real estate information platform, reported that the value of U.K. real estate properties sold to investors last year was $1.8 trillion, up more than 4% from 2015.
Zillow’s figures were from a study of 3,300 real estate transactions over the period.
The report is in line with other research that shows that real estate investment is poised to rise as a result of Brexit.
The Brexit negotiations have been widely discussed among the world’s financial services industry and have become a major focus for the U.S. Treasury and other officials.
The United States has been the largest single investor in the U