UK House Price Balance Dips To 56% - RICS

An index monitoring house prices in the United Kingdom came in with a score of 56 percent in December, the latest survey from the Royal Institution of Chartered Surveyors revealed on Thursday.

That was shy of forecasts for 60 percent, and down from the reading of 58 percent in November - although the index remained above 50 percent for the fourth consecutive month.

Among the individual components of the survey, expectations for an increase in house prices climbed to 61 percent from 59 percent in the previous month.

Also, the sales-to-stock ratio climbed to 35.2 percent from 34.6 percent a month earlier.


News are provided by InstaForex.