An index measuring the average asking price for a home in the United Kingdom came in at -19 in August, the Royal Institution of Chartered Surveyors revealed on Tuesday in its month balance.
That beat forecasts for a score of -22 after coming in at an upwardly revised -23 in July (originally -24).
Among the individual components of the survey, the newly agreed sales balance jumped to 5 from -18 in July, while the new vendor instructions balance rose to 0 in August from -12.
The three-month price expectations balance rose to -13 from -21, while the 12-month price expectations balance was up to -17 from -24.
by RTT Staff Writer
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