Survey shows weakest UK house price growth in nearly a year

Royal Institution of Chartered Surveyors’ monthly house
price balance dropped to -8 in May

• expected -4
• from -3 in April
• weakest since July 2024

RICS analyst comment:

• “Sentiment across the UK residential property market remains
  somewhat subdued, with ongoing uncertainty around global trade
  policies and the dampening effect of transactions being brought
  forward ahead of the Stamp Duty changes at the end of March
  continuing to weigh on buyer activity”

Royal Institution of Chartered Surveyors’ monthly house
price balance measures the difference between the
percentages of surveyors seeing rises and falls in prices over
the past three months.

This article was written by Eamonn Sheridan at www.forexlive.com.