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Rightmove November 2026 trading update: revenue guidance trimmed to 6-7% as housing market weakens

Created Nov 6, 2026 • AI-generated summary

Rightmove trading update reported 6 November 2026: 2026 revenue growth guidance trimmed to 6-7% (from 6-8%) and top-end ARPA growth guidance cut from £120 to £110, attributed entirely to housebuilders spending less. Reported buyer demand for resale properties down 10%, agreed sales 9% lower in four months to end-October, new home developments down 6% vs end-2025, average five-year fixed mortgage rate 5.5% at end-October. Noted Government First Homes scheme (autumn Budget) lifted housebuilder optimism with volume boost likely later in 2027. Comment from CEO Johan Svanstrom and AJ Bell's Dan Coatsworth. Membership limited to coverage of this Rightmove November 2026 trading update.

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