Royal Institution of Chartered Surveyors’ monthly house
price balance dropped to -8 in May
- expected -4
- from -3 in April
- weakest since July 2024
RICS analyst comment:
- “Sentiment across the UK residential property market remains
somewhat subdued, with ongoing uncertainty around global trade
policies and the dampening effect of transactions being brought
forward ahead of the Stamp Duty changes at the end of March
continuing to weigh on buyer activity”
Royal Institution of Chartered Surveyors’ monthly house
price balance measures the difference between the
percentages of surveyors seeing rises and falls in prices over
the past three months.
This article was written by Eamonn Sheridan at www.forexlive.com.
