FX.co ★ UK House Price Balance Falls to 1-Year Low

According to the UK Residential Market Survey released by RICS, the house price balance slipped to -13% in July 2025, down from -7% in the preceding two months and representing the weakest figure in a year. This result fell short of market expectations, which predicted a modest improvement to -5%. Despite the general downturn, a rise in house prices persists in Northern Ireland and Scotland, with respondents in the North West of England also noting increases. Conversely, East Anglia faces a sharper decline than the national average in net balance terms. Looking forward, respondents expect a slight downward pressure on prices over the next three months at the national level. However, the 12-month outlook is more optimistic, with a net balance of +19% of contributors anticipating price growth, although this marks the lowest level of optimism since January 2024.