UK Rightmove House Prices for June 2025:
-0.3% m/m, compared with a typical 0.4% rise for the usual month of June
- prior +0.6%
+0.8% y/y, smallest annual rise since August 2024
- prior +1.2%
Rightmove commentary:
- “It appears that we’re now seeing the decade-high level of
homes for sale, and the recent stamp duty increases in England,
have a delayed impact on new sellers’ pricing” - more competitive pricing helping sales activity
- number of agreed sales had risen to the highest in more
than three years
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GBP update, little net change to begin the new week so far:
This article was written by Eamonn Sheridan at www.forexlive.com.
