FX.co ★ UK RICS House Price Balance Slides Further in October, Signalling Deeper Property Market Weakness

The UK housing market showed further signs of softening in October, as the RICS House Price Balance fell to -36%, down from -32% in September 2026. The data, updated on 12 November 2026, underscores mounting downward pressure on prices across much of the country.

The negative reading indicates that a greater share of surveyors reported price declines rather than increases over the month, with October’s figure pointing to a deepening deterioration compared with September. While no additional details on regional patterns or sales activity were provided, the continued slide in the balance highlights persistent fragility in the UK property market heading into the final quarter of 2026.