| LONDON, Sept 15
LONDON, Sept 15 British online real estate agent
Purplebricks Group Plc became the latest home seller to
play down the impact of Brexit on Thursday, saying there had
been little discernible impact on trading from the vote to leave
Shares in Britain's biggest real estate firms lost about a
quarter of their value in the weeks following the Brexit vote,
but a dip in home sales was short-lived.
Purplebricks, backed by fund manager Neil Woodford, said
trading since May 1 had been "very encouraging" and instructions
were up 121 percent year-on-year.
The first online estate agent to list in Britain in
December, Purplebricks is one of several online realtors such as
Rightmove and Zoopla betting that home buyers
will shift from high street estate agencies.
Zoopla in September raised its profit forecast for the year.
Purplebricks said its market share versus its online peers
has improved to 65 percent at the start of September and it was
"confident" about the future.
(Editing by Alexander Smith)