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UK House Price Balance Tumbles In July - RICS

UK House Price Balance Tumbles In July – RICS

The house price balance in the United Kingdom came in with a score of +1 in July, the Royal Institution of Chartered Surveyors said on Thursday. That was well shy of forecasts for a score of +9, and down sharply from +7 in June. “Sales activity in the housing market has been slipping in the recent months and the most worrying aspect of the latest survey is the suggestion that this could continue…

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House Prices To Increase 3% In 2017

House Prices To Increase 3% In 2017

According to RICS, courtesy of its latest housing forecast, house prices will rise 3% in 2017 on average. This will be the result of the number of transactions stabilising which, while seeing residential property prices rising, will see outturn fall short of its 2016 mark. Summarising the report, RICS said supply shortfall will continue, pushing prices up with rents expected to follow suit (at…

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UK House Price Balance Climbs To 30% In November - RICS

UK House Price Balance Climbs To 30% In November – RICS

The house price balance in the United Kingdom jumped in November, the Royal Institution of Chartered Surveyors said on Thursday, rising 30 percent. That beat forecasts for a gain of 26 percent and was up sharply from 23 percent in October. By region, the strongest areas for price growth were the North West and the West Midlands. “There are some signs that the numbers may begin to edge upwards in…

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UK House Prices Continue To Rise In October - RICS

UK House Prices Continue To Rise In October – RICS

House prices in the United Kingdom remain on an upward curve, the latest house price balance from the Royal Institution of Chartered Surveyors showed on Thursday with a score of 49 percent. That topped forecasts for 45 percent, and it was up sharply from 44 percent in September. Analysts blame a shortage of available properties on “It is hard to get away from the issue of supply when it comes to…

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UK House Price Balance Climbs In June: RICS

UK House Price Balance Climbs In June: RICS

British house prices increased at the fastest pace in eleven months in June, the latest survey from the Royal Institution of Chartered Surveyors showed on Thursday. The survey showed that monthly house price balance climbed to +40 in June from +34 in May, while it was expected to increase slightly to +36. It was the biggest rate of growth since July 2014. By region, the West Midlands and London…

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UK House Price Balance Rises To +34 In May - RICS

UK House Price Balance Rises To +34 In May – RICS

House prices in the United Kingdom are expected to move higher over the next three months, the latest survey from the Royal Institution of Chartered Surveyors showed on Thursday, with an index score of +34. That touches a nine-month high, and it’s up from +32 in April, although it was shy of expectations for +36. The increase in prices was the natural result of the Conservative Party’s electoral…

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