2025.09.1023:18:33UTC+00UK House Price Balance Falls to Near 2-Year Low

The latest UK Residential Market Survey by RICS indicates a significant drop in the house price balance, reaching -19% in August 2025—marking the most considerable decline in nearly two years, following -13% in July and -7% in June. This downturn is primarily due to tepid new buyer demand. Regionally, the most considerable declines were noted in East Anglia and the South West, with net balances at -64% and -46%, respectively—both figures showing a further decline from last month and falling well below the national average. Conversely, respondents in Northern Ireland continue to report robust price growth. Looking ahead, survey participants predict a slight decrease in prices over the next three months, with a net balance of -20% for August. Although over a 12-month period, there remains an expectation for modest gains, the current +9% projection is the weakest since December 2023.