Brexit housing crash fears stay in London

Construction cranes stand beyond residential properties in the Kensington and Chelsea borough of London, U.K., on Wednesday, Jan. 2, 2018. Home price growth in the city has turned negative, according to a Bloomberg analysis of Land Registry data, months after analysts expected them to begin falling. Photographer: Chris Ratcliffe/Bloomberg

LONDON: The Brexit-inspired decline in London’s property values has yet to cause any serious ripples in other areas of the UK

While price-growth and activity may be slowing amid the uncertainty, almost every other major urban area in the country is still experiencing a rising market, according to Acadata.