The vote to leave the EU on 23 June will no doubt be marked down as a watershed moment for the political and economic story of the UK. According to the data from Building's latest annual housebuilder salary survey, however, it is not, so far, any kind of watershed for the housing industry. Housebuilder share prices fell by up to 40% after the referendum, given Treasury forecasting that house prices would be hit by up to 18% by a leave vote. The reality is that the sector has largely carried on trading unaffected, with most builders reporting continuing strong sales.
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