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12.03.202600:01:00UTC+00UK RICS House Price Balance Slips Further Into Negative Territory in February

The UK housing market showed further signs of softening in early 2026, as the RICS House Price Balance declined to -12% in February 2026, down from -10% in January 2026. The February reading, updated on 12 March 2026, indicates that a greater share of surveyors reported house price declines than increases across the country.

While the shift from -10% to -12% is modest, it underscores ongoing pressure on property values amid a cautious market environment. The negative balance suggests that downward price momentum persisted through February, pointing to a housing sector still under strain as the year progresses. Investors and policymakers will be monitoring upcoming data closely for signs of either stabilisation or a deeper downturn in UK house prices.

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