UK RICS House Price Balance (Apr) -34% vs. Exp. -25% (Prev. -23%)

The UK RICS House Price Balance came in worse than expected, indicating a more significant decline in house prices than the consensus forecast.

Newsquawk StaffPublished On the live feed at , 20 minutes before this page
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UK RICS House Price Balance (Apr) -34% vs. Exp. -25% (Prev. -23%)

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Context

This miss suggests deteriorating market conditions, which could influence potential shifts in monetary policy as the Bank of England assesses the implications for growth and inflation. Traders should consider the broader implications for the UK housing market and related sectors.

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