UK’s Rightmove beats sales estimates, warns of slower growth in second half

Rightmove exceeded first-half sales forecasts due to increased platform inquiries, although it anticipates growth will decelerate from last year’s peak. While easing mortgage rates and competitive pricing have stimulated buyer interest, inflationary pressures and economic uncertainty are impacting consumer confidence. The company maintains its full-year revenue growth outlook of 8% to 10%.

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