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Low rates and new listings lift homes portal

Sunday Express

|

May 11, 2025

HOUSE-HUNTING giant Rightmove has benefited from this year's more optimistic housing market as mortgage rates fall, with buyer demand and property listings both up.

- By Amber Murray

The FTSE 100 company, home to more than 80 per cent of all consumer time spent on UK property portals — said new listings rose nine per cent in the first four months.

The portal said those available have reached a 10-year high, with new buyer demand also up 5% and sales agreed up 7%.

The housing market has been buoyed by greater affordability due to the Bank of England's four interest rate cuts since August last year — the latest coming just a few days ago.

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