RICS house price balance for the U.K. remains unchanged at +49% in January

Market news

11 February 2016

RICS house price balance for the U.K. remains unchanged at +49% in January

The Royal Institution of Chartered Surveyors' (RICS) released its house price data for the U.K. on Thursday. The monthly house price balance remained unchanged at +49% in January. December's figure was revised down from +50%.

RICS Chief Economist, Simon Rubinsohn, said that the near-term pressure on house prices was intensifying despite a higher level of supply.

European Central Bank Governing Council member Ewald Nowotny expects inflation to rise in the second half of 2016

Business NZ performance of manufacturing index for New Zealand rises to 57.9 in January

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