This the RICS data house price balance comes in at -10% vs. -2% expected

  • prior was -2%

Highlights via Reuters: :

  • "Uncertainty about the economic outlook on the back of the never-ending Brexit negotiations appears a key drag on sentiment," RICS economist Simon Rubinsohn
  • RICS said prices fell across southern and eastern England, but grew in most of central and northern England, and rose strongly in Scotland and Northern Ireland.
  • Sales volumes were flat or negative across almost all of the United Kingdom

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Royal Institution of Chartered Surveyors (RICS) house price balance

  • the difference between the proportion of surveyors who see falls compared with rises in property prices