Claims extracted
17
sentences that state something as happening or true
Uncertain
6%
1 of 17 hedged
("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
64/100
Evening Standard's corrections and
hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
unclustered
not grouped into a story yet
Same framing elsewhere
1
articles that frame the event the way this one does
Housebuilding subdued as fewer new homes up for sale, Rightmove says
asserted
Rightmove → subdue → sale
Rightmove has said it is on track to grow its sales this year despite cautioning that home buyer affordability is being squeezed as mortgage rates rise and fewer homes are being built.
asserted
homes → say → sales
The property portal said it was expecting yearly revenue growth, but trimmed its outlook.
asserted
it → say → outlook
Conditions in the housing market and confidence among consumers and agents remain challenging, the company said.
asserted
company → remain → consumers
The average five-year fixed-rate mortgage was 5.5% at the end of October, compared with 5% at the end of June, it said.
asserted
it → fix → June
Furthermore, the Bank of England’s decision to hike its base rate on Thursday and expectations that borrowing costs will go up further next year is impacting consumer affordability.
asserted
costs → hike → affordability
Rightmove said estate agent confidence was lower as a result, with buyer demand for resale properties down 10% and sales agreed 9% lower in the four months to the end of October.
asserted
sales → say → October
It also flagged a 6% decline in the number of new home developments at the end of the month, compared with the end of last year.
asserted
It → flag → year
However, the Government’s new First Homes scheme, announced in the autumn Budget, has improved housebuilder optimism but any boost to the volume of new homes is likely to come later in 2027, according to the firm.
uncertain
boost → announce → firm
Rightmove, which makes money by charging estate agents a fee to list properties and from advertising, is expecting its revenues to grow by between 6% and 7% over 2026.
asserted
revenues → make → 2026
It also trimmed the top-end of its guidance for growth in average revenue per advertiser, from £120 to £110, which it said entirely reflects housebuilders spending less on new homes.
asserted
it → trim → homes
Chief executive Johan Svanstrom said highlighted the company’s efforts to innovate the platform and accelerate the use of artificial intelligence (AI).
asserted
Svanstrom → highlight → intelligence
“After a meaningful step up in capability, we have a well-invested, AI-ready platform,” he said.
asserted
he → have → platform
“We continue to roll out quality AI solutions to both consumers and partners, leveraging the intelligence layer we create with supply and demand data, and our platform.”
asserted
we → continue → data
Read More
“The property listings site is seeing steady demand from estate agents but housebuilders, an increasing source of revenue in recent years, are spending less.”
asserted
housebuilders → read → less
Mr Coatsworth said the fact that the Rightmove site has the most listings in the UK market gives it “pricing power” for securing subscriptions.
asserted
site → say → subscriptions
“However, as slowing growth in the average revenue per advertiser metric for the quarter shows, this pricing power is not unlimited,” he said.
asserted
he → slow → quarter
The Aporia
