UK Rightmove House Prices for June 2025:

-0.3% m/m, compared with a typical 0.4% rise for the usual month of June

  • prior +0.6%

+0.8% y/y, smallest annual rise since August 2024

  • prior +1.2%

Rightmove commentary:

  • "It appears that we're now seeing the decade-high level of homes for sale, and the recent stamp duty increases in England, have a delayed impact on new sellers' pricing"
  • more competitive pricing helping sales activity
  • number of agreed sales had risen to the highest in more than three years

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GBP update, little net change to begin the new week so far:

gbp update 16 June 2025 2
Source: Forex Live