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UK data - Rightmove House Price Index +0.4% m/m (prior -1.9%)

The Rightmove House Price Index is a gauge of asking prices for UK homes.It picked up in September to +0.4% m/mprior -1.9%for the y/y -0.4%prior -0.1%Comments from the report for the month in summary:BoE's 14 consecutive interest rate rises contributed to unusually slow activity in Augustexpects a bounce in activity in the autumn as market conditions improvethe number of home sales was down 7% compared with 2019, before the pandemicthere were signs activity was starting to pick up, as the number... Read More

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Posted: Sep 17 2023, 23:32

Author Name: forexlive

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