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The Independent UK
The Independent UK
Business
Vicky Shaw

Average price tag on a home plunges by £7,360 in August – Rightmove

A view of Manchester, as Righmove said the average asking price for a home in the North West of England has increased by 1.9% compared with a year earlier (James Speakman/PA) - (PA Wire)

The average price tag on a home coming on the market nosedived by more than £7,000 in August, according to figures from a property website.

Rightmove has also downgraded its house price forecast for 2026 from a 2% increase to a change of between zero and a 2% fall in average new seller asking prices over the year as a whole.

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