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U.K. RICS House Price Balance

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U.K. RICS House Price Balance

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The Royal Institution of Chartered Surveyors (RICS) House Price Balance measures the percentage of surveyors reporting a house price increase in their designated area. A level above 0.0% indicates more surveyors reported a rise in prices; below indicates more reported a fall. The report is a leading indicator of house price inflation as surveyors have access to the latest price data.

A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
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Currency: GBP
Source: RICS
U.K. RICS House Price Balance
 
Release Date Time Actual Forecast Previous
Dec 11, 2024 (Nov) 19:01     16%

News

London house prices record biggest fall since 2008: RICS
London house prices record biggest fall since 2008: RICS By Reuters - Sep 13, 2017 1

By William Schomberg LONDON (Reuters) - House prices in central London fell at their sharpest pace since 2008 in August, intensifying the slowdown in the capital's housing market, but prices went up...

U.K. RICS house price balance 22% vs. 20% forecast
U.K. RICS house price balance 22% vs. 20% forecast By Investing.com - May 10, 2017 3

Investing.com - The U.K.’s RICS house price balance remained unchanged unexpectedly last month, industry data showed on Wednesday.In a report, RICS said that U.K. RICS house price balance...

Analysis

Ben Myers
Is Britain Already In A Recession? By Ben Myers - Aug 10, 2019

The British pound closed Friday down to a 2 1/2 year low against the US dollar, as Brexit fears continued and data released on Friday showed that the UK’s economy contracted for the first time...

RICS House Price Balance Discussion

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Dan phillips
Dan phillips Jun 11, 2014 8:17PM ET
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