Company Tag: Rightmove

'There has been more to be positive about in 2023 than many thought there would be at this time last year,' says Rightmove's top property market analyst.

Estate agents are telling the property portal that the sales market is 'the most price-sensitive ever'.

'We’ve been really feeling the pressure of having to manage the mounting number of enquiries for each rental property we have available,' complains one letting agent.

'Many sellers reacted to the summer holiday hiatus by reducing the asking prices of their properties,' says portal.

Catch up on all the latest movements and commentary in less than five minutes, featuring data and analysis from Rightmove, Foxtons, LonRes, UBS, Knight Frank, Acadata & more...

Average UK asking prices are now 2% lower than at their peak in May - but remain nearly a fifth higher than in August 2019.

Bristol dominates a list of areas where homes are selling fast, says Rightmove, while London enclaves (including Knightsbridge) are the top sellers' markets.

Property portal and estate agent trade body form partnership to promote training and market data.

'Rightmove isn't materially impacted by the property cycle,' says new CEO Johan Svanstrom, as the portal's revenue and profits rise despite a slowing market.

"Despite quickly rising prices, rental homes are continuing to let at speed and many landlords are still being met with long queues of prospective tenants wanting to view and rent their property," says…

Kriti Sharma will be joining the board of the UK's biggest property portal later this month.