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Explained in plain English

What is Rightmove?

Rightmove is the UK's largest online property portal, where estate agents list homes for sale and rent. It's a key source of data on house prices and market trends, as mentioned in the story. They track asking prices, which are what sellers hope to get, not necessarily the final sale price.

Stories that explain this

What London's housing market means for your home sale Kensington and Chelsea asking prices fall by £95,000 in one month

Related explainers

What causes market slowdowns? Are global cities similar? Global property trends How do house prices affect the economy? How does London compare? Why are London prices so high? Why is my home not selling? What's a 'seller's market'?

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