UK data – Rightmove House Price Index +0.4% m/m (prior -1.9%) | Forexlive

The Rightmove House Price Index is a gauge of asking prices for UK homes.

It picked up in September to +0.4% m/m

• prior -1.9%

for the y/y -0.4%

• prior -0.1%

Comments from the report for the month in summary:

• BoE’s 14 consecutive interest rate rises
  contributed to unusually slow activity in August
• expects a bounce in activity in the autumn as
  market conditions improve
• the number of home sales was down 7% compared
  with 2019, before the pandemic
• there were signs activity was starting to
  pick up, as the number of homes on the market rose 12% in the
  first week of September compared with the unusually low weekly
  average in August

GBP/USD update, not a lot changed on the data: