Property professionals twice as optimistic about the sector compared to last year

Confidence among property professionals about the health of the real estate market has doubled since last year, according to a new survey. Property investors, developers and agents controlling a combined £400bn of assets were asked about how optimistic they were about the future of UK real estate, with 29% saying they were feeling optimistic. In last years survey, just before the Brexit vote, only 14% of respondents said they were feeling optimistic. The survey, carried out by law firm CMS, also found that just 23% of respondents were pessimistic about the market, compared to 63% last year. Click here for the full Telegraph article