A net balance of +73% of respondents cited an increase in house prices in the May 2022 RICS UK Residential Survey. Although this is down slightly from a figure of +80% in April, it remains closely aligned with the average seen over the past six months or so. When broken down, all parts of the UK continue to see house prices moving upwards, with growth still exceptionally strong in Northern Ireland, Northern England and Wales. Meanwhile in London, the current net balance of +53% (slightly more moderate than +68% beforehand) remains well above the long run average of +12% for this measure. Looking ahead however, twelve-month price expectations are still forecast to continue to rise, even if the pace of growth is seen moderating. source: Royal Institution of Chartered Surveyors (RICS)

RICS House Price Balance in the United Kingdom averaged 16.76 percent from 1978 until 2022, reaching an all time high of 99.34 percent in May of 1988 and a record low of -92.52 percent in October of 2008. This page includes a chart with historical data for the United Kingdom RICS House Price Balance. United Kingdom RICS House Price Balance - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.

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United Kingdom RICS House Price Balance

Calendar GMT Actual Previous Consensus TEForecast
2022-06-08 11:01 PM May 73% 80% 81.2%
2022-07-13 11:01 PM Jun 73%

United Kingdom RICS House Price Balance
The Royal Institution of Chartered Surveyors (RICS) House Price Balance measures the percentage of surveyors reporting a house price rise in their designated area, minus those reporting a fall. A level above 0% indicates more surveyors reported a rise in prices; below indicates more reported a fall.
Actual Previous Highest Lowest Dates Unit Frequency
73.30 80.25 99.34 -92.52 1978 - 2022 percent Monthly