Data via property
website Rightmove in the UK
September average asking prices for homes increased by
0.8%, double the average for the time of year in the series and the biggest for the month since 2016.
-1.5 August
For the y/y +1.2%
prior +0.8%
Rightmove cited the market getting a boost from a new government and
the first rate cut from the Bank of England since 2020.
“still uncertainties ahead,
including the timing of a second Bank Rate cut, and which
segments of the market could be affected by announcements in
October’s Autumn Statement”
This article was written by Eamonn Sheridan at www.forexlive.com.
