The number of deals involving commercial properties fell by 1.7% on the year in July, the first such fall since April 2013, data from HM Revenue & Customs show.
In contrast, the housing market experienced only a small drop in the number of purchases, with 94,550 homes bought in July against 95,430 in June.
It is not a surprise that the commercial property sector was among the first to be affected by uncertainty following the Brexit vote, the Construction Products Association’s economics director, Noble Francis, said.
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