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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.
Importance:
Country:
Currency: GBP
Source: RICS
U.K. RICS House Price Balance
 
Release Date Time Actual Forecast Previous
Nov 13, 2024 (Oct) 19:01     11%

News

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

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...

U.K. RICS house price balance 22% vs. 22% forecast
U.K. RICS house price balance 22% vs. 22% forecast By Investing.com - Apr 13, 2017

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

Analysis

Kathy Lien
Selling GBP Is No One-Way Trade By Kathy Lien - Aug 15, 2016

By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. In the month of August, the British pound has been the weakest currency and the trend continued Monday with sterling extending...

RICS House Price Balance Discussion

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