UK house prices fall y/y, rents jump the least in 4 years

UK Rightmove House Prices September: +0.4% m/m

• prior –1.3%

House Prices -0.1% y/y, first y/y drop since January 2024

• prior +0.3%

The UK Rightmove House Price survey measures asking prices for homes put up for sale in the month.

Reuters adds on rents:

• separate survey from Zoopla showed average rental prices were 2.4% higher in the four weeks to September 2 than a year ago, the lowest annual rate in four years
• the number of homes to rent on the market increased
• expects average rents to increase by 3% by the end of the year

This article was written by Eamonn Sheridan at investinglive.com.