RICS is Royal Institution of Chartered Surveyors. Their House Price Balance indicator measures the percentage of surveyors reporting a house price increase in their designated area.
A big, big drop for this, way below the previous (down 11%), to the lowest since August of 2012.
- RICS also report on sales expectations for the 3 months ahead, that's that's at its weakest on record.
RICS citing Brexit uncertainty.
Terrible data.