U.K. RICS July House Prices

  • -24 (survey -23%, prior -22%).

GBP/USD unchanged at 1.5682.

UK home-price index falls to lowest in a year as sales decline . Shows sellers now hanging back , reinforcing a generally gloomy picture of the British economy . “Fewer sellers are putting their homes up for sale and the ongoing problem of accessing affordable finance is not helping. If vendors want to sell their homes quickly, they will have to be realistic in their price expectations,” said the global director for residential property at RICS.

RTRS

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