House Price Index June 2015

Rightmove have released their monthly house price index and the news is split between good and bad.

Prices Surge To New Record As Buyers Act But Sellers Hold Back

  • Price of property coming to market rebounds to all-time high as majority-government surprise leads to biggest ever rise in month of June, up 3.0% (+£8,460) to £294,351
  • Six out of ten regions set new record price highs as supply/demand imbalance continues to head north
  • Election certainty boosts buyer activity but anticipated rise in new seller numbers fails to materialise
  • Higher demand with busiest ever May on Rightmove website – 115 million visits, equal to every adult in the UK visiting twice in the month
  • Tighter supply with number of properties coming to market down 8.5% on same period a year ago, though £2m plus properties buck this trend with 86% month-on-month leap in new listings
  • High demand and low supply highlight urgency for delivery of more new-build homes

Read the full Rightmove June House Price Index PDF

Rightmove House Price Index Infographic June 2015

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