FX.co ★ UK Asking Prices Fall Further as Rightmove Index Drops 2.0% MoM

Residential asking prices in the United Kingdom declined more sharply in the latest reading of the Rightmove House Price Index, with the indicator falling by 2.0% month-over-month, compared with a 1.0% month-on-month drop previously. The data, updated on 16 August 2026, underline a continued softening in sellers’ pricing power across the housing market.

The current figure reflects the change in asking prices from the latest month compared to the previous month, while the earlier -1.0% reading measured the month-on-month shift in the preceding period. The acceleration in the monthly decline suggests that sellers are making deeper price adjustments than they were earlier, potentially in response to cooling demand or shifting buyer affordability.

Although the Rightmove House Price Index tracks advertised asking prices rather than completed transactions, the steeper month-on-month fall is likely to draw attention from market participants monitoring the trajectory of UK housing valuations and seller sentiment.