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 activitynumber of agreed sales had risen to the highest in more
than three years
—
GBP update, little net change to begin the new week so far:
This article was written by Eamonn Sheridan at www.forexlive.com.