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UK data - house price indicator from RICS hits a 14 year low

Royal Institution of Chartered Surveyors (RICS) house price balancemeasures the difference between the percentage of surveyors seeing rises and falls in house pricesfell to -68 in August (expected was -56, from -55 in July), weakest since February 2009Chief economist at RICS:a sluggish housing market with little sign of relief in prospect"Prices are continuing to slip albeit that the relatively modest fall to date needs to be seen in the context of the substantial rise recorded during the pandem... Read More

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Posted: Sep 13 2023, 23:16

Author Name: forexlive

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