UK home asking prices show biggest early-year rise since 2020, Rightmove says By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 20 2025
0mins
Source: Investing.com
Increase in Asking Prices: Average asking prices for newly listed homes in Britain rose by 1.7% at the start of the year, marking the largest increase since 2020, although they remain below last year's peak.
Market Uncertainty: Despite a positive start with increased property listings and buyer interest, high mortgage rates and uncertainty about future interest rate cuts pose challenges for potential homebuyers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
