- Rightmove House Price Index for April: +2.6% m/m (prior was +1.6%)
- Rightmove House Price Index for April: +7.3% y/y (prior was +6.8%) – “highest since October 2007 and takes us back to pre-credit-crunch levels”
- number of properties coming to market so far in 2014 up 13% on last year but supply shortages are still fuelling prices in many areas in the south
The Rightmove House Price Index measures the change in the asking price of homes for sale.
This data point tends not to have a big immediate impact on Forex markets.
