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GBP RICS House Price Balance (AUG)

Summary:

Housing cost numbers came out much worse than expected at -32% for the month of August for the UK. The market expected to see only -12%.

 Take Away Point:

This data is a gauge for the cost of homes in the UK. The number is based on surveyors' opinions on the current real estate environment. A rise in the price of houses generally would indicate a strong housing market for the UK and a UK strong economy. Today we obviously saw the opposite of that.

 Buy List:

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