
Gauge for costs of homes in the United Kingdom. The figure is based on surveyors' opinions on the state of the market, calculated as is the percent of surveyors reporting a rise in prices minus those reporting a fall. A rise in house prices indicates a strong housing market, which generally reflects a strong overall economy.
Relevance:
Moderate market impact
Release schedule : 23:30 (GMT); Monthly, in the middle of the following month.
Revision schedule : Few or no revisions
Source of report : Royal Institution of Chartered Surveyors (RICS)
Web Address : http://www.rics.org/
Address of release: http://www.rics.org/Property/Residentialproperty/Residentialpropertymarket/market_surveys.htm
AKA: RICS Housing Market Survey
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