GBP Rightmove HPI m/m
It's a leading indicator of the housing industry's health because rising house prices attract investors and spur industry activity;
This is the UK's earliest report on housing inflation, but tends to produce a relatively mild impact because asking prices and selling prices are not always correlated;
- GBP Rightmove HPI m/m Graph
- History
Expected Impact / Date | Actual | Forecast | Previous |
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Jun 16, 2024 | 0.0% | 0.8% | |
May 19, 2024 | 0.8% | 1.1% | |
Apr 21, 2024 | 1.1% | 1.5% | |
Mar 17, 2024 | 1.5% | 0.9% | |
Feb 18, 2024 | 0.9% | 1.3% | |
Jan 14, 2024 | 1.3% | -1.9% | |
Dec 10, 2023 | -1.9% | -1.7% | |
Nov 12, 2023 | -1.7% | 0.5% |
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- GBP Rightmove HPI m/m News
- From money.usnews.com|Jun 16, 2024
Asking prices for British homes coming to the market were flat this month, adding to signs of a recent cooling off in the housing market upswing, a survey from property market website Rightmove showed on Monday. The company said the average asking price was 375,110 pounds ($475,827) for property put on sale between May 12 and June 8, down 21 pounds from a month earlier and statistically a flat reading. The Rightmove data, which is not seasonally adjusted, typically rises in the June period, although last year's reading for the month ...
- From finance.yahoo.com|May 19, 2024
The average price tag on a home reached a record high of £375,131 in May, according to Rightmove. Across Britain, the price of a property coming to market rose 0.8%, or £2,807, month-on-month. Pent-up demand from would-be buyers who paused their plans last year is a key driver behind increased home mover activity despite mortgage rates remaining elevated for longer than anticipated, Rightmove said. The number of sales being agreed during the first four months of the year is 17% higher than last year. May is typically a strong month ...
- From uk.news.yahoo.com|Apr 21, 2024
Prices of homes being sold in Britain are close to their record highs after the biggest annual increase in a year, according to an industry survey that suggested the momentum in the housing market of early 2024 extended into April. Property website Rightmove said on Monday its asking prices for residential properties rose by 1.7% in the four weeks to April 13 when compared with the same period last year. Prices sought by sellers rose by 1.1% in month-on-month terms, slowing from a 1.5% increase in the previous four weeks. The average ...
- From msn.com|Mar 17, 2024
Average property asking prices rose by 1.5 per cent in March to reach £368,118, according to the latest figures from listings website Rightmove. The data, which looks at the prices of newly-listed homes, showed that the typical asking price has risen by £13,000 since December, though average asking prices are still £4,776 below their May 2023 peak. The rise detected this month was the biggest increase recorded by Rightmove for 10 months. It is also far bigger than the historic average 1 per cent rise seen in March over the previous ...
- From bnnbloomberg.ca|Feb 18, 2024
UK home sellers increased their asking prices for a second month amid further signs the property market is building momentum after its worst year since the financial crisis. The average price of a property put up for sale rose 0.9% to £362,839 ($456,400) in February with gains across all UK regions including London, according to real estate portal Rightmove. It left prices 0.1% higher than a year earlier, the first positive annual reading since July 2023. Agreed sales in the first six weeks of this year were 16% higher than the same ...
- From nasdaq.com|Jan 14, 2024
Average asking prices for British homes made the strongest start to the year since 2020, according to a Rightmove survey on Monday that added to signs that the slowdown in the sector could be easing as demand picked up in January. The average price of homes put on sale between Dec. 3 and Jan. 6 was 1.3% higher than the month before, the biggest December to January rise since 2020 and more than double the average increase for this time of year, Rightmove said. House prices in Britain typically pick up at the start of January after a ...
- From bnnbloomberg.ca|Nov 12, 2023
Asking prices for UK homes recorded the biggest November decline in five years as more sellers accepted the reality of finding buyers in a credit-constrained market, according to Rightmove. The 1.7% drop, the biggest for the month since November 2018, lopped more than £6,000 ($7,320) from the value of property being offered for sale, the listings portal said in a report Monday. It left the average asking price at £362,143, the lowest since the end of last year. The number of sales agreed was 10% below the same time in 2019. “The ...
- From bnnbloomberg.ca|Oct 15, 2023
UK home sellers increased their asking prices at the slowest pace for any October since 2008, as economists trimmed their growth forecasts for the wider economy, reports published Monday show. The average price of a property put up for sale increased by just 0.5% from September to £368,231 ($449,190), according to property portal Rightmove. That’s well below the historic norm in October of 1.4%. The sign of continued pessimism in the housing market comes as forecaster EY Item Club downgrades its prediction for growth in the UK ...
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Released on Jan 14, 2024 |
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Released on Oct 15, 2023 |
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