‘Move to Germany if you can't buy a house', says Grand Designs' Kevin McCloud [Yahoo! Finance]
RIGHTMOVE PLC UNSP/ADR (RTMVY)
NASDAQ:AMEX Investor Relations:
plc.rightmove.co.uk/investors
Company Research
Source: Yahoo! Finance
The Grand Designs presenter said that his advice to younger buyers would be to move to a country with a “healthy and resilient” housing market. Mr McCloud told political website JOE: “I look at the UK market and I see nothing good here. My advice is move to Germany, maybe that's the way forward.” The average house price in the UK in January 2024 was £281,913, according to the UK House Price Index, a rise of 0.5pc from December 2023. But it was a drop of 0.6pc compared to January 2023. In London, the picture is worse, with an average house price of £730,885, according to property portal Rightmove The most expensive area to buy is the Royal Borough of Kensington and Chelsea, where there is an average price of £1.2m. A first-time buyer on an average salary in London must now save 10pc of their take-home pay for 31 years before they will be able to put down a deposit. The equivalent figure in 2003 was just 15 years, according to a Telegraph Money analysis. The Government was
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
- Rightmove: This Could Be The Right Time To Buy Shares [Seeking Alpha]Seeking Alpha
- ‘You're not going to spend £1m to overlook a nudist beach': inside Portsmouth's property dilemma [Yahoo! Finance]Yahoo! Finance
- UK House Prices Under Threat As Traders Pare Back Rate Cut Bets [BNN Bloomberg (Canada)]BNN Bloomberg
- Five eco-friendly homes for Earth Day [Yahoo! Finance]Yahoo! Finance
- UK's Wealthy Boost Property Asking Prices by Most in 12 Months [BNN Bloomberg (Canada)]BNN Bloomberg