House prices fell than expected in November says Rightmove
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House prices listed on Rightmove's website fell by over £5,000 in November, with a typical family house now costing £366,592, a 1.4% decrease month-on-month.
November 18, 2024 | 8:30 am
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Rightmove reported a significant drop in house prices listed on its platform for November, with a typical family house price decreasing by 1.4%.
The decrease in house prices could lead to lower revenues for Rightmove as it may affect the volume of transactions and listings on their platform. This could negatively impact investor sentiment and the stock price in the short term.
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