But 'unpredictablility of Brexit' remains a major downside risk
Recent months have been mixed for the UK property market. The asset class performed well early in the year, but returns were rocked by the uncertainty surrounding June's Brexit vote.
Long term, discounts have moved in tandem with FTSE All Share
European markets are finding no shortage of things to worry about, whether it be the travails of the banking sector, the tortuous Brexit negotiations that lie ahead or the end of the European Central Bank's quantitative easing next March.
After Donald Trump's win, the cynic might begin to wonder what it will take to shock equity investors into a full-blown sell-off.
'Political uncertainty significantly exacerbated'
Evolution of the Economic Advantage process
Global stockmarkets are still digesting the UK's decision to leave the EU back in June, and while economic data is holding firm, valuations in the UK equity market have polarised with material rises in companies deriving significant profits abroad, reflecting...