The UK's Royal Institution of Chartered Surveyors (RICS) house price balance, which measures the gap between the percentage of surveyors seeing rises and falls in house prices, rose to -30 in December
- expected -34
- -41 in November
RICS measure of new buyer enquiries rose to a net balance of -3 in December
- ts least negative since April 2022
- from November -13
Agreed home sales increased to -6 in December, the highest reading since March 2022
Tarrant Parsons, senior economist at RICS:
- "Supported by an easing in mortgage interest rates of late, buyer demand has now stabilised, and this is expected to translate into a slight recovery in residential sales volumes over the coming months"
Info via Reuters
Not a GBP mover
