Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Sellers slash asking prices in wake of Budget ‘mansion tax' [Yahoo! Finance]

RIGHTMOVE PLC UNSP/ADR (RTMVY) 
NASDAQ:AMEX Investor Relations: plc.rightmove.co.uk/investors
Company Research Source: Yahoo! Finance
The average asking price fell by 1.8pc between November and December to £358,138, according to Rightmove, which said the drop was larger than usual for this time of year. It follows a similar 1.8pc drop between October and November, when speculation was rife over what taxes the Chancellor would raise. Ms Reeves unveiled details of a so-called mansion tax in her Nov 26 Budget, which will hit properties worth more than £2m with a surcharge of at least £2,500 a year. In its final report for the year, Rightmove said 2025 would end with average asking prices across the country down 0.6pc (£2,059) compared to late 2024, fuelled largely by the impact of Ms Reeves's Budget. Rightmove said a survey of more than 10,000 potential home-movers indicated that nearly a fifth were waiting for the outcome of the Budget to resume their moving plans. Colleen Babcock, from Rightmove, said: “In the second half of 2025, uncertainty caused by rumours of property tax changes in November's Budget s 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
Opt-in for RTMVY alerts
Opt-in for
RTMVY alerts

from News Quantified
Opt-in for
RTMVY alerts

from News Quantified