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UK data - RICS house price indicator falls to its lowest since 2009

UK data - RICS house price indicator falls to its lowest since 2009

Royal Institution of Chartered Surveyors (RICS) house price balance

  • fell to -47 in January from -42 in December
  • its lowest since April of 2009
  • measures the gap between the percentage of surveyors seeing rises and falls in house prices
  • measure of interest from buyers also fell to -47, its lowest since October last year

Simon Rubinsohn, chief economist at RICS:

  • said the overall mood of the market as measured by surveyors remained subdue... Read More
Posted: Feb 9 2023, 00:17
Author Name: forexlive
Views: 110751

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