FX.co ★ UK House Price Balance Misses Forecast

The RICS UK Residential Market Survey for October 2025 revealed a decline in the house price balance to -19%, following a downward revision from -17% in September. This result fell short of the anticipated improvement to -14%. The data indicates a continued mild downward trend in overall house prices. Regionally, the most significant declines were observed in the South East, London, and East Anglia, where price net balances remained below the national average. Looking forward, there is an expectation of a slight price softening over the next three months, as indicated by a forward-looking net balance of -12%. However, this figure is less pessimistic compared to the previous reading of -21%, suggesting only a minor near-term decline. Over the next year, optimism is higher, with 16% of respondents predicting a return to nationwide price growth.