Rightmove records biggest June asking-price fall in 14 years as new sellers price down 0.6%
Rightmove's June index shows the average asking price fell 0.6% (£2,113) this month to £376,191 — the biggest June drop in 14 years and 0.5% below a year ago. A near-record level of homes for sale is handing buyers choice and pushing new sellers to price keenly. For sellers, realistic pricing from day one now matters more; for buyers, there is more room to negotiate as summer stock builds. This is softer asking prices, not achieved prices — a cooler market, not a falling one.
What this means for…
Buyers· 2/3
Sellers· 2/3
Wider market· 2/3
Each axis scored 1 (minor) to 3 (major). Total 6/9.
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24 Sept 2026 · Impact 4/9
First-time buyer deposits average £69,523 so far in 2026, but the typical share of the price falls to 20.7%
23 Sept 2026 · Impact 5/9
Most homes sold below asking price in July as sales took 17 weeks or more to exchange, Propertymark finds
23 Sept 2026 · Impact 4/9
54% of sales under £200,000 exchange within three months, against 38% of £1m-plus homes, TwentyEA finds
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