The UK housing market showed signs of cooling in February 2025, with the RICS House Price Balance dropping sharply to 11%. This represents a significant decrease from January’s figure of 22%, according to recently updated data released on March 13, 2025.
The Royal Institution of Chartered Surveyors (RICS) House Price Balance is a key metric that indicates the percentage of surveyors reporting price rises versus price falls. A decline to 11% signals a deceleration in the pace of house price growth, suggesting that the market is experiencing less upward pressure as compared to the start of the year.
Several factors could be contributing to this slowdown, including potential interest rate changes, alterations in buyer confidence, or wider economic uncertainties affecting the housing market. Stakeholders within the real estate sector will be closely monitoring trends in the upcoming months to assess whether this pattern persists or marks the beginning of a new phase for the housing market in the UK.
The material has been provided by InstaForex Company – www.instaforex.com
