How Brexit Impacts the London Housing Market

The video discusses the current state of the binary housing market, highlighting that quality homes are still selling well, while subpar stock struggles. Prime London prices have seen their first quarterly gains since 2014, indicating a potential market recovery. The impact of Brexit and recent elections has introduced uncertainty, particularly in the labor market, but the weaker pound presents a buying opportunity for dollar-denominated buyers. The video concludes by noting that wealthy international clients remain the primary buyers, despite shifts in the finance sector.

What is the significance of the pound's value in relation to international buyers?

Who are the main buyers in the London real estate market according to the text?