FONT-SIZE Plus   Neg

UK Home Price Balance Improves In March - RICS

House prices in the United Kingdom improved in March, according to survey results released Tuesday by the Royal Institution of Chartered Surveyors (RICS).

The RICS Home Price Balance for March was minus-10, compared to minus-13 in February.

The March reading was the strongest since June 2010.

The survey measures the number of surveyors reporting price drops for the month versus those reporting increases for houses.

New buyer inquiries also increased to an index balance of plus-9 in March from February's plus-3.

Newly agreed sales rose to plus-10 in February from plus-8.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Apple confirmed that it has bought face animation software firm Faceshift, although it was tight lipped about how it intends to use the new addition. The move is speculated as a bid to expand into virtual reality. Environment ministry of South Korea Thursday ordered Volkswagen Korea to recall 125,522 diesel vehicles on determining actual emissions of nitrogen oxides. The ministry has asked the German automobile maker to pay a fine of 14.1 billion Won or $12.31 million. The company has to submit a recall plan by January 6, 2016. The U.S. Food and Drug Administration has alerted health care professionals and patients of a voluntary recall of compounded multivitamin capsules containing high amounts of Vitamin D3 (Cholecalciferol), distributed nationwide by Glades Drugs in Pahokee, Florida. FDA has received reports of several...
comments powered by Disqus
Follow RTT