The house price balance in the United Kingdom weakened considerably in March, the latest survey from the Royal Institution of Chartered Surveyors showed on Thursday with a score of 42 percent.
That was well shy of forecasts for a reading of 50 percent, which would have been unchanged from February.
RICS points to apprehension ahead of the forthcoming referendum on European Union membership, which is likely weighing on potential home buyers.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.