UK house price gauge highest since mid-2021, slower rises ahead


RICS said the proportion of surveyors expecting rents to rise over the next three months was the highest since this record began in 1999.

British house prices rose in April at the fastest rate since June 2021 as demand again outstripped the number of homes for sale but surveyors trimmed their expectations for future price rises as inflation pressures intensify.

The Royal Institution of Chartered Surveyors (RICS) said there was a +80 percentage point difference between the proportion of surveyors reporting rising prices and those reporting a fall, up from +74 in March.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Britain , house , prices , rent ,

   

Next In Business News

Trade showing remains on upward trajectory
Maxis pledges full support to government’s 5G delivery model
Fajarbaru Builder secures RM13mil job
MKH Oil Palm IPO oversubscribed
The pros and cons of earned wage access
Making every load lighter
Making the Malaysian startup pitch
How Sin-Kung leveraged air cargo for its success
Domestic office-sector REITs stay cautious
‘Muted optimism’

Others Also Read