FX.co ★ UK RICS House Price Balance Eases to -30% in July, Hinting at Mild Market Stabilisation

The Royal Institution of Chartered Surveyors (RICS) House Price Balance for the United Kingdom showed a modest improvement in July 2026, suggesting early signs of stabilisation in a still-weak housing market. The indicator rose to -30% in July from -33% in June 2026, according to data updated on 12 August 2026.

While the balance remains firmly in negative territory—indicating that more surveyors continue to report falling rather than rising prices—the three‑percentage‑point shift marks a slight easing in downward pressure. The move from -33% to -30% points to a marginally less pessimistic view among property professionals, but does not yet signal a clear turnaround in overall market conditions.

The July reading will be closely watched by investors and policymakers as they assess whether this modest uptick represents the start of a broader trend or merely a temporary pause in house price declines across the UK.