Rightmove Aktie News

Asking prices for British homes rose by the most in annual terms in nearly six years in early 2022, according to a survey that showed how a severe shortage of properties for sale is keeping up the heat in the housing market.

Asking prices for British homes slipped by 0.6% this month as the market entered its usual lull ahead of the Christmas holidays, but they are expected to resume their rise next year, a survey showed on Monday.

Rightmove shares have corrected 10% since September, providing an attractive entry point for one of the best listed businesses. Rightmove's financials have recovered from the negative impact of COVID-19, and it remains the dominant U.K. property portal.

Rightmove plc (RTMVF) CEO Peter Brooks-Johnson on Q2 2021 Results - Earnings Call Transcript

Rightmove PLC said trading in the second half is set to continue the healthy patterns seen in the first six months of the year. The online platform saw a 63% increase in average revenue per advertiser (ARPA) to £1.1bn, its highest ever.

Rightmove PLC(LON:RMV) says June was almost certainly a record for house sales as buyers rushed to beat the end of the stamp duty holiday window. The online portal added that prices rose by 0.7% between 13 June to 10 July, with asking prices 6.7% higher over the past six months.

Rightmove Plc (RTMVF) CEO Peter Brooks-Johnson on Q4 2020 Results - Earnings Call Transcript

Rightmove PLC (LON:RMV) resumed dividend payments and its share buyback programme as its average revenue per advertiser continues to recover. The property listings website operator announced the payment of a 4.5p final dividend in respect of 2020 and said the share buyback programme, which was suspended during the coronavirus (COVID-19) pandemic, will resume in March of this year.