EU exit could temper UK house price rises: poll

London

BRITISH house prices will rise faster than inflation again this year, but those increases could be tempered if the public votes to leave the European Union (EU) this month, a Reuters poll found.

Britons decide on June 23 whether to remain a part of the 28-member EU, and opinion polls suggest the outcome will be close. If Britain stays in, house prices will rise 5 per cent this year, the poll of 17 specialists taken in the past few weeks found, far outstripping the 0.7 per cent inflation forecast by economists in a separate recent Reuters poll.