UK 19:59 Tuesday, 3 November 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
There were “three distinct housing markets” according to the Rightmove (RMV) management team. Despite the fact that the UK economy has moved away from the comedy part of September/October PM, this week’s Nationwide update shows you the reality. The housing market started 2022 in a very hot mood…which via higher interest rates and much more was not apparent by the end of the year. What does all this mean for Rightmove shares, given millions of people still enjoy looking at the company’s website?
It is the last big week of the year for macroeconomic watchers, with the Bank of England, the Federal Reserve and the European Central Bank all set to raise interest rates again. How…predictable. What will interest me is how worried they are about 2023. I see the chancellor has been banging on about a UK economy which is “likely to get worse before it gets better” and “I don't know whether inflation has peaked or not”. Maybe Santa will help out 11 Downing Street? Meanwhile, let’s have a quick focus on what Rightmove (RMV) said today.
In early May I observed that “The Rightmove (RMV) CEO is wise to exit stage left after over 16 years”. The rise and rise of online property porn has been such a huge focus for the average adult over the last twenty of so years. We are - after all - genius new home selectors, ranked only just below the “Location, Location, Location” presentation Gods. So why are Rightmove shares down year-to-date?
You all know how to think about Rightmove (RMV). As noted here in February, the average person seems to love checking out what the latest property price in their village or town might be. Even I have checked it out once or twice year-to-date (obviously purely for educational reasons). But I am not surprised that Rightmove’s shares are down 30% year-to-date and neither am I surprised that the stock is down 4% today…
Hello, Share Tweakers. Scrolling through the rich Shareprophets archive, I'm surprised at how many times I’ve commended shares in Rightmove (RMV), the housing portal. But my view hasn't changed, even in these strange times. We are considering selling our South Wales home and the estate agents tell us they’re in the middle of a selling boom. At the same time, there’ve been reports in the press that this won't last and the current house boom will soon turn to bust...
Hello, Share Plumpers. It takes a brave investor to consider trading the housing market now. Many analysts believe that the virus will knock incomes and make buying a house impossible for many. Others believe that the huge amount of DIY going on in lockdown will make folks happier to stay where they are. Plus GDP is linked to house prices and a virus-led slump in growth would also knock home sales. But there’s also counter-arguments.
Hello, Share Travellers. It’s hard to see how the virus will affect the number of homes being put up for sale in Blighty. So it might be a good time to look at Rightmove (RMV). It’s a wormhole to connect buyers with sellers. And I suppose most people seeking a home would have a nosey there...
Hello, Share Twirlers. Twenty years ago, if you wanted to buy a house you turned up in the town and trudged around the local estate agents, of whom there were loads. Now you pop your price range and location into a website and you have all the information you want in a few minutes. You only need to visit a house personally when you're fairly sure you want to buy it.
