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UK RICS House Price Balance (Feb) -12 vs Exp. -8 (Prev. -10)

Newsquawk Staff ·

UK RICS House Price Balance (Feb) -12 vs Exp. -8 (Prev. -10)

What it means

The UK RICS House Price Balance showing a print of -12 against an expectation of -8 suggests a larger-than-expected decline in sentiment regarding house prices. This data further confirms ongoing weakness in the housing market, which may have implications for broader economic activity and potentially influence the Bank of England's policy outlook on rates and growth dynamics.

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