Brexit impact on the California real estate market 1
Posted on 6, July 2016
in Category Uncategorized
Brexit Impact on the California Real Estate Market Brexit could hurts the Economy but Could Benefit the Housing Market. British voters on June 23, 2016, decided that it was about time for the United Kingdom (U.K.) to break loose from the European Union (E.U.), as they voted 52 percent to 48 percent in favor of leaving the E.U. Global financial markets reacted violently to the “Brexit” decision, with the Dow Jones, S&P, and Nasdaq indices all tumbled 3.4 percent or more on the day the voting results surfaced. Pound to dollar exchange rate also dropped sharply after the breaking news. [&hellip