RICS house price balance for the U.K. drops to +41% in April
The Royal Institution of Chartered Surveyors' (RICS) released its house price data for the U.K. on Thursday. The monthly house price balance fell to +41% in April from +42% in March. It was the lowest level since June 2015.
The RICS noted that the decline was driven by the impact of Stamp Duty changes and uncertainty around the EU referendum.
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