Royal Institution for Chartered Surveyors (RICS) monthly house price balance.

In May it comes in at +73 from April's +80.


  • 12 month house price expectations are at their lowest since January of 2021
  • new buyer enquiries in May -7 from April's +8, the first negative reading in 9 monhts

Data comes via Reuters.


The UK is being slammed by surging inflation, rapidly rising Bank of England interest rates and Brexit-related slumps in trade and industry.

Politics too - the Prime Minister survived a vote of no confidence earlier this week so perhaps this can be put to bed for a little while.

Boris Johnson in Parliament Feb 24 2022