GMT UK data – RICS monthly house price balance for May -32 (vs -24 expected)

Royal Institution for Chartered Surveyors (RICS)
May comes in at -32%, 10 year low.
RICS Chief Economist Simon Rubinsohn:
– sales that were in the pipeline before the lockdown were now largely going through. "But it remains to be seen how sustained this improvement will prove"

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