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UK Rightmove House Prices YY (May) -0.3% (Prev. -0.9%)

Newsquawk Staff ·

UK Rightmove House Prices YY (May) -0.3% (Prev. -0.9%)

What it means

The UK Rightmove House Prices report shows a year-on-year decline of 0.3% in May, a smaller contraction compared to the previous drop of 0.9%. This slight improvement might indicate a stabilization in the housing market, which could influence sentiment around consumer spending and potential policy decisions regarding interest rates.

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