UK data – house price indicator from RICS hits a 14 year low

<p>Royal Institution of Chartered Surveyors (RICS) house
price balance</p><ul><li>measures the difference between the
percentage of surveyors seeing rises and falls in house prices</li><li>fell to -68 in August (expected was -56, from -55 in July), weakest since February 2009</li></ul><p>Chief economist at RICS:</p><ul><li>a sluggish housing market with little sign of relief
in prospect</li><li>"Prices are continuing to slip albeit that the relatively
modest fall to date needs to be seen in the context of the
substantial rise recorded during the pandemic period" </li></ul>

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