Will House Prices Remain Stable Despite Property Market Lockdown? [Forbes]
RIGHTMOVE PLC UNSP/ADR (RTMVY)
NASDAQ:AMEX Investor Relations:
plc.rightmove.co.uk/investors
Company Research
Source: Forbes
The Zoopla release shows that while demand for homes dropped 70% over March and bottomed out near... [+]the beginning of April, it has slowly been on the rise in the intervening weeks.GettyAs weeks settle into months under the coronavirus lockdown in the U.K., the latest analysis from Zoopla and Hometrack suggests that the pause button has been pushed on373,000 property transactionsThere are fears and predictions that this halt could lead to a seismic fall in house prices over the coming months, but would it really be that severe? I think it is actually quite unlikely.The Zoopla release shows that while demand for homes dropped 70% over March and bottomed out near the beginning of April, it has slowly been on the rise in the intervening weeks. What I am pleased to see is that although agents have reported reduced levels of new supply, the number of residential properties up for sales sits just 4% lower than March’s early reading, suggesting that most sellers aren’t packing in their pl
Show less
Read more
Impact Snapshot
Event Time:
RTMVY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
RTMVY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
RTMVY alerts
High impacting RIGHTMOVE PLC UNSP/ADR news events
Weekly update
A roundup of the hottest topics
RTMVY
News
- UK Homebuilder Stocks Flash Buy Signal After Year-End Slump [Yahoo! Finance]Yahoo! Finance
- [EMB Mon 16th 00:01] Average UK house price falls by £6,395 in seasonal slowdown [Yahoo! Finance]EMB Mon 16th 00:01
- Why home buyers are now at risk of paying over the odds for property [Yahoo! Finance]Yahoo! Finance
- UK house price growth rises 5% as rental demand falls [Yahoo! Finance]Yahoo! Finance
- UK property asking prices set to rise by 4% in 2025 [Yahoo! Finance]Yahoo! Finance