Highs and Lows Stock Data
Markets

UK data - RICS house price balance (November): 30%(expected 26, prior 23)

Royal Institution of Chartered Surveyors (RICS) House Price Balance

  • British house prices hit a seven-month high in November
  • However, the number of prospective buyers remains low
  • Recovery in the market is likely to be modest given the uncertain outlook for Britain's economy
  • Prices rose in most regions but fell in London albeit at a slower pace than in recent months
  • Expectations for price increases in the capital over the coming year remained low as higher taxes on buy-to-let investors and on expensive properties continued to weigh

-

The Royal Institution of Chartered Surveyors (RICS) House Price Balance measures the percentage of surveyors reporting a house price increase in their designated area. A level above 0.0% indicates more surveyors reported a rise in prices; below indicates more reported a fall.

-

Also ... A separate report released on Thursday by the Recruitment and Employment Confederation showed firms hired permanent staff in November at the fastest pace since February

  • Hiring of temporary staff also increased
  • Permanent starting salaries rose at their fastest rate in six months

-

GBP trading a few points higher against the USD.

The again, so is EUR, CHF AUD and especially NZD.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

ForEx