UK RICS House Price Balance Edges Higher in June, Hinting at Slight Easing in Downturn

The United Kingdom’s housing market showed a marginal improvement in June, with the RICS House Price Balance rising to -33% from -34% in May 2026. The latest figure, updated on 8 July 2026, indicates that while a significant majority of surveyors still report falling prices, the pace of decline has eased slightly compared with the previous month.

The RICS House Price Balance, which measures the difference between the share of surveyors seeing price rises and those seeing falls, remains firmly in negative territory. However, the one‑point uptick suggests that downward pressure on prices may be moderating, potentially reflecting a tentative stabilisation in some parts of the UK property market.

Although the latest data does not signal a turnaround, the gradual improvement from May to June will be watched closely by market participants looking for early signs that sentiment in the housing sector is beginning to improve after a prolonged period of softness.