The UK Royal Institution of Chartered Surveyors (RICS) housing price balance was -30% in July, marginally firmer than the -31% consensus estimate. The reading indicates that a net balance of survey respondents continued to report falling prices over the month.
Price Index Performance
While the index remained in negative territory, the result suggests slightly less downward pressure than forecast.
Survey Details
No additional survey breakdowns or forward-looking metrics were provided in the data point.
