Fees increase from now on move right This looks increasingly likely after the portal confirmed its full-year growth forecasts for what it described as a solid start to 2026.
In a trading update issued ahead of its annual general meeting on Friday, Rightmove said the UK housing market remains resilient despite the weak macroeconomic backdrop, with core membership numbers rising since the end of December.
The company also reported growth in average revenue per advertiser (ARPA) across its core property agency and new homes divisions, although no specific figures were disclosed.
Rightmove maintained its full-year guidance, forecasting revenue growth between 8% to 10%, underlying operating profit growth of 3% to 5% and underlying earnings per share growth of at least 5%.
Chief Executive Johan Swanstrom said trading so far this year has been in line with expectations.
He added: “While we continue to monitor the macro backdrop, we are delivering product-led ARPA growth in our core business, with subscription growth and revenue growth within our strategic growth areas on track for the year.
“We are innovating faster than ever on our platform. We continue to incorporate AI into our efficient and expanding home-moving toolset for both partners and consumers. During this period, we delivered our highest number of monthly product releases ever, further strengthening our proposition and value creation through the platform.”
According to Anthony Codling of RBC Capital Markets, Rightmove benefits from being one step away from the ups and downs and challenges facing the UK housing market.
He commented: “Mortgage rates may be high and the geopolitical environment uncertain, but our attraction to property remains and when people want to look for, or simply view, property, they turn to Rightmove. Agents know this and both buyers and sellers are choosing to spend more money on Rightmove to entice them to do business with them rather than their competitors. Strategic growth areas are growing, and the stock The level is at the highest level in 11 years.
“We believe Rightmove is an AI winner, not a loser, using AI with property market insight and understanding to enhance its products and services, giving agents, housebuilders and homehunters more of what they want.”