Rightmove: for sale prices ‘unaffected’ by general election, but some sellers ‘delaying plans’

Rightmove for sale prices remained flat between May and June. But the number of houses for sale fell in the fortnight after Rishi Sunak called the election.

For sale prices rightmove
(Image credit: Getty Images)

UK for sale prices have remained flat in June as some sellers have adopted a wait-and-see approach amid the general election campaign, the latest Rightmove House Price Index (HPI has found.

Following a month in which house prices listed on the site climbed to a record high, there was a small £21 decline over the four weeks to 8 June. The average asking price is now £375,110 - 0.6% higher than it was in the same month in 2023.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up

Henry Sandercock has spent more than eight years as a journalist covering a wide variety of beats. Having studied for an MA in journalism at the University of Kent, he started his career in the garden of England as a reporter for local TV channel KMTV.

Henry then worked at the BBC for three years as a radio producer - mostly on BBC Radio 2 with Jeremy Vine, but also on major BBC Radio 4 programmes like The World at One, PM and Broadcasting House. Switching to print media, he covered fresh foods for respected magazine The Grocer for two years.

After moving to NationalWorld.com - a national news site run by the publisher of The Scotsman and Yorkshire Post - Henry began reporting on the cost of living crisis, becoming the title’s money editor in early 2023. He covered everything from the energy crisis to scams, and inflation. He also has bylines in MoneyWeek.