Reported Earlier, U.K. RICS House Price Balance For July -19% Vs. -17% Prior
Portfolio Pulse from Benzinga Newsdesk
The U.K. RICS House Price Balance for July was reported at -19%, a decline from the previous -17%. This indicates a further drop in house prices in the U.K.
August 08, 2024 | 4:33 am
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The U.K. RICS House Price Balance for July was reported at -19%, down from -17% previously. This suggests a further decline in U.K. house prices, which could negatively impact the iShares MSCI United Kingdom ETF (EWU) as it reflects the broader U.K. market.
The decline in the U.K. RICS House Price Balance indicates a worsening housing market in the U.K. This could negatively affect the iShares MSCI United Kingdom ETF (EWU), which tracks the performance of the U.K. equity market.
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