Financial News: UK House Prices Fall 1.3% In August: Rightmove

UK House Prices Fall 1.3% In August: Rightmove

08/18/2025 - 06:44:00 (RTTNews)

(RTTNews) - UK house prices dropped moderately in August following the bigger-than-usual falls in June and July, property website Rightmove said Monday.

The average price of property prices coming to the market slid 1.3 percent month-on-month in August, which was in line with the ten-year average.

Rightmove said lower asking prices together with good buyer choice are continuing to underpin sales activity, resulting in the best July for sales agreed since 2020's active post-lockdown market.

The third interest rate cut of the Bank of England helps buyer optimism and affordability further, Rightmove said.

Nonetheless, the closer than expected vote at the monetary policy committee in August has cast some uncertainty over a fourth cut before the end of the year.

At the August meeting, the committee voted 5-4 to lower the bank rate by 25 basis points to 4.00 percent.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Govt Has Started To Fire Federal Workers (46 min(s), 37 sec(s) ago)
(RTTNews) - The U.S. government has started to layoff federal employees, the Office of Management ...Full Story»

U.S. Consumer Sentiment Virtually Unchanged In October (12 min(s), 37 sec(s) ago)
(RTTNews) - A report released by the University of Michigan on Friday showed its reading on U.S. c ...Full Story»

Latvia Trade Deficit Narrows In August (30 min(s), 37 sec(s) ago)
(RTTNews) - Latvia's foreign trade deficit decreased in August from a year ago, as exports gre ...Full Story»

Turkey Retail Sales Growth Eases To 12.2% (13 min(s), 37 sec(s) ago)
(RTTNews) - Turkey's retail sales growth moderated for the third straight month in August, tho ...Full Story»

Slovakia Industrial Output Shrinks Most In 17 Months (52 min(s), 37 sec(s) ago)
(RTTNews) - Slovakia's industrial production decreased at the steepest pace in nearly one-and- ...Full Story»

Swiss Consumers Less Pessimistic In September (01 min(s), 23 sec(s) ago)
(RTTNews) - Confidence among Swiss consumers remained slightly less negative in September, survey ...Full Story»

Portugal Inflation Confirmed At 2.4% (54 min(s), 23 sec(s) ago)
(RTTNews) - Portugal's consumer price inflation eased as initially estimated in September to t ...Full Story»

Romania Q2 GDP Growth Unrevised At 0.3% (01 hr(s), 52 min(s), 23 sec(s) ago)
(RTTNews) - Romania's economic growth held steady in the second quarter, confirming the previo ...Full Story»