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Davy Research

Market comment

Rightmove asking price inflation slows to 0.2% in February

Feb 18 2019, 08:10 GMT
Conall MacCoille
Irish Economy
4 page(s)

Conall MacCoille

Analyst

DAVY VIEW

This morning’s Rightmove release shows asking price inflation on UK residential property of 0.2% in February, the weakest pace since 2009, with agreed sales down 4%. The Rightmove data will reinforce fears that Brexit uncertainties could push UK house price inflation into negative territory in 2019; recent Halifax and Nationwide data also showed stagnant price growth.

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Feb 18 2019, 08:10 GMT

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