The average asking price for a home in the United Kingdom continued to decline in June, the Royal Institute of Chartered Surveyors said on Tuesday, as 22 percent more surveyors reported a fall in prices than those that saw an increase.
That follows the downwardly revised reading of -17 in May. Analysts were expecting -16, which would have been unchanged from the original reading.
Among the individual categories, 19 percent more said they expected conditions to worsen over the next 12 months; in May, it had been just 8 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.