Competitive pricing is the story of the summer. The theme was highlighted in Rightmove’s latest House Price Index, with asking prices dropping 1.2% in July to an average of £373,709. This adjustment reflects the improved supply of properties for sale.
We have reached the midpoint of 2025. The first half of the year has been surprisingly steady but what happened in the last four weeks? We take a look at the trends shaping the current UK property market.
Both portal heavyweights provided a monthly snapshot of the sales market in May. As ever, Rightmove focused on asking prices. The UK’s average asking price for new instructions increased 0.6%, with a more expensive advertised price of £379,517.
How did April pan out in the property market? We take a look at the price reports and moving trends to inform your next move. Plus, we’re discussing Donald Trump and his surprising effect on the UK mortgage market.
House prices continued to be a point of property fascination. The figures are divided into two: asking prices and sold prices. Asking price trends give us a brilliant snapshot of how positive the market is.
February was a short month but that doesn’t mean we were short on property news. All eyes were on the latest Rightmove House Price Index to see how activity was faring. In summary, everything is on the up.
January is over and it’s time to start evaluating whether the predictions for 2025 are ringing true. Did people act on New Year’s resolutions to look for a new home? Was there the forecast rush to complete before the new stamp duty rates?
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