The typical/expected market impact of this event is low.
The consensus forecast for RICS Housing Price Balance is -10%. A higher value than forecast tends to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
Lower numbers than forecast tend to be bullish for xxx/GBP pairs and bearish for GBP/xxx pairs.
The most recent announced value for RICS Housing Price Balance was -13% against a forecast of -5%.
Recent economic data has been strongly bullish for GBP. Other recent announcements which may affect the market's interpretation of the next RICS Housing Price Balance result:
Previous | Latest | ||||
---|---|---|---|---|---|
BRC Like-For-Like Retail Sales (YoY) | Bullish change | 1.8% | 2.9% | ||
Retail Sales (MoM) | Bullish change | 0.3% | 0.6% | ||
Retail Sales (YoY) | Bullish change | 0.9% | 1.1% | ||
Retail Sales ex-Fuel (MoM) | Bearish change | 0.6% | 0.5% | ||
Retail Sales ex-Fuel (YoY) | (no change) | 1.3% | 1.3% |
Country: | United Kingdom |
---|---|
Currency: | GBP |
Source: | Royal Institution of Chartered Surveyors |
Category: | Housing Market |
Frequency: | Monthly |
Australia | Building Permits (MoM) | ||
New Zealand | Building Permits s.a. (MoM) | ||
United States | Pending Home Sales (MoM) | ||
United States | Existing Home Sales Change (MoM) | ||
United States | New Home Sales Change (MoM) | ||
United States | Housing Starts (MoM) | ||
United States | Building Permits (MoM) |