Britain's April housing price dropped to minus 8, the lowest since 2012.
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A high-profile British house price index, released on Thursday, fell to a new low in April since 2012, a sign that the Bank of England has made an interest rate resolution later on Thursday and shows signs of weak consumer demand.
The Royal surveyor Society (RICS) announced that the price difference in April fell to minus 8 from zero last month, the lowest since November 2012, and was again dragged down by London house prices.
Analysts interviewed by Reuters predicted that the RICS price differential in April would drop to minus 1.
According to RICS, the price of new buyers in April was flat.
In general, the report echoes with other signs of a sluggish property market, as well as a series of pessimistic data, suggesting that the Bank of England may maintain interest rates at the time of announcing policy decisions at 1100GMT.
Nearly 2/3 of London's real estate surveyors say house prices are falling rather than rising in April, the highest since February 2009, when the British economy was deep in the latest recession.
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