UK data - Rightmove house prices for April +2.1% m/m & +5.1% y/y (prior 0.8% m/m and 2.7% y/y)

Rightmove reports on asking prices for homes in the UK

• +2.1% m/m & +5.1% y/y (prior 0.8% m/m and 2.7% y/y)

(as an aside the asking price for my home is a low, low gazillion, in bitcoins that is)

Back to the UK:

• Asking prices hit a new high
• partially this is the impact of the tax cut was extended (on March 3 Chancellor Sunak said he would extend a temporary tax break for buyers and he also announced a new mortgage guarantee scheme for first-time buyers)
• Rightmove said available properties at a record low