RICS House Price Balance

Source
MeasuresLevel of a diffusion index based on surveyed property surveyors;
Usual Effect'Actual' greater than 'Forecast' is good for currency;
FrequencyReleased monthly, about 11 days after the month ends;
Next Release
FF NotesData represents the percentage of surveyors reporting a price increase in their designated area. Above 0.0% indicates more surveyors reported a rise in prices, below indicates more reported a fall;
Why Traders
Care
It's a leading indicator of housing inflation because surveyors have access to the most recent price data by virtue of their job;
Acro ExpandRoyal Institution of Chartered Surveyors (RICS);