Quick Facts

UK April House Price Balance Improves - RICS

The housing market in the United Kingdom gained strength in April.

Survey results from the Royal Institution of Chartered Surveyors (RICS) showed Aprils house price balance as rising to plus-1 from minus-2 in March.

April's was the first positive reading for the balance since June 2010, when it was plus-5.

The balance represents the number of surveyors reporting rising house prices, minus the number reporting falling prices.

Surveyors reported healthy demand from potential buyers and an increase in sellers.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

More Quick Facts