Financial News: UK House Prices To Rise Marginally; Sales To

UK House Prices To Rise Marginally; Sales To Stagnate: RICS

09/11/2025 - 08:30:00 (RTTNews)

(RTTNews) - UK house prices are set to rise marginally over the coming twelve months and sales to broadly stagnant, the Royal Institution of Chartered Surveyors said Thursday. House prices are forecast to rise over the coming twelve months with the net balance falling to 9 percent, the least elevated since December 2023, RICS said in its August Residential Market Survey report.

Due to weaker buyer demand, house prices came under downward pressure in August. The headline house price gauge slid to -19 percent from -13 percent in the previous month.

For the coming three months, respondents envisaged house prices to edge down at the aggregate level. The balance fell to -20 percent.

Regarding new buyer enquiries, a net balance of -17 percent said a further deterioration in August compared to -7 percent in July.

Agreed sales also decreased at a sharper pace. The corresponding net sales slipped to -24 percent from -17 percent in the prior month. Looking ahead, sales activity is expected to remain broadly flat in the coming three months with a net balance reading at -2 percent.

The balance regarding the new vendor instructions came in at -3 percent in August. The reading signals the first occasion since June 2024 when the reading fell below zero.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Govt Has Started To Fire Federal Workers (02 hr(s), 46 min(s), 01 sec(s) ago)
(RTTNews) - The U.S. government has started to layoff federal employees, the Office of Management ...Full Story»

U.S. Consumer Sentiment Virtually Unchanged In October (08 hr(s), 20 min(s), 01 sec(s) ago)
(RTTNews) - A report released by the University of Michigan on Friday showed its reading on U.S. c ...Full Story»

Latvia Trade Deficit Narrows In August (09 hr(s), 02 min(s), 01 sec(s) ago)
(RTTNews) - Latvia's foreign trade deficit decreased in August from a year ago, as exports gre ...Full Story»

Turkey Retail Sales Growth Eases To 12.2% (09 hr(s), 19 min(s), 01 sec(s) ago)
(RTTNews) - Turkey's retail sales growth moderated for the third straight month in August, tho ...Full Story»

Slovakia Industrial Output Shrinks Most In 17 Months (09 hr(s), 40 min(s), 01 sec(s) ago)
(RTTNews) - Slovakia's industrial production decreased at the steepest pace in nearly one-and- ...Full Story»

Swiss Consumers Less Pessimistic In September (10 hr(s), 34 min(s), 01 sec(s) ago)
(RTTNews) - Confidence among Swiss consumers remained slightly less negative in September, survey ...Full Story»

Portugal Inflation Confirmed At 2.4% (11 hr(s), 27 min(s), 01 sec(s) ago)
(RTTNews) - Portugal's consumer price inflation eased as initially estimated in September to t ...Full Story»

Romania Q2 GDP Growth Unrevised At 0.3% (12 hr(s), 25 min(s), 01 sec(s) ago)
(RTTNews) - Romania's economic growth held steady in the second quarter, confirming the previo ...Full Story»