Royal Institution of Chartered Surveyors (RICS) House Price Balance June 2025 comes in at -7%
- expected -9%, prior –7%
A tax hike on property transactions in April precipitated a downturn in the UK property market, not unexpectedly. The impact is diminishing. RICS mention:
- new buyer enquiries turned positive for first time since December
- agreed sales also improved
- “The UK residential market appears to be entering a more settled phase, with demand showing signs of stabilising following a period of volatility,”
- “The earlier distortion caused by transactions being brought forward ahead of the Stamp Duty changes now appears to have largely dissipated, allowing underlying trends to re-emerge.”
—
The Royal Institution of Chartered Surveyors main house price balance measures the difference between surveyors seeing falls and rises in house prices
GBP not moved:
This article was written by Eamonn Sheridan at www.forexlive.com.
#June #house #prices #RICS #survey #expected #Forexlive
rics house price balance gbp
latest news today, news today, breaking news, latest news today, english news, internet news, top news, oxbig, oxbig news, oxbig news network, oxbig news today, news by oxbig, oxbig media, oxbig network, oxbig news media
HINDI NEWS
News Source
