Nationwide house price index
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Housing Market
House prices fell in June after ‘weaker demand’ says Nationwide
Average house prices fell by 0.8% last month after rise in Stamp Duty curbs demand, although the outlook remains positive.
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Housing Market
REACTION: Housing market shook off economic gloom during May
Despite Trump’s tariffs and the ending of the Stamp Duty holiday, house prices are on the rise again according to Nationwide's Chief Economist.
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Housing Market
House prices growing at fastest rate for 18 months
Average house prices rose by 2.4% year on year, according to the latest Nationwide House Price Index.
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Latest property news
House prices rise as market improves, says big lender
Latest stats from Nationwide show annual prices were up 1.6% in March, though the monthly figures were not as encouraging.
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Latest property news
Housing market ‘facing 5-6% hit this year…and next’, leading agent predicts
Tom Bill at Knight Frank told the BBC the property industry is being attacked from "all sides at the moment".
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Latest property news
House prices suffer biggest fall in 14 years
House prices fell at the fastest rate in 14 years last month, according to the latest figures from Nationwide. There was a 3.1% drop in March, which is the largest annual reduction since July 2009. Statistics for March show a 0.8% fall from the previous month, which is the seventh monthly drop in a month, and prices are now 4.6% lower than the peak last August. Regional figures show the West Midlands was the strongest performing region in the first quarter, up 1.4%, while Scotland remained the weakest with a 3.1% fall, the Nationwide House Price Index shows. Nine out of 13 regions recorded annual house price declines in Q1. Robert Gardner, Nationwide’s chief economist, says: “The housing market reached a turning point last year as a result of the financial market turbulence which followed the Mini-Budget. “Since then, activity has remained subdued – the number of mortgages approved for house purchase remained weak at 43,500 cases in February, almost 40% below the level prevailing a year ago. “It will be hard for the market to regain much momentum in the near term since consumer confidence remains weak and household budgets remain under pressure from high inflation. “Housing affordability also…
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Latest property news
Housing market heading for big fall this year, economists warn
A survey of economists reveals that most believe a recession will have a major impact on house prices.
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Latest property news
Industry reacts as housing market shows first signs of slowdown
The Nationwide house price index reports a small drop in growth this month, with London recording the weakest figures.
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Latest property news
House price growth slows as March figures show slight fall, according to Nationwide
House Price Index for March show a slowdown in house price growth with 0.2% month-on-month fall and long-term outlook 'uncertain'.
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Housing Market
House price growth rebounds in July as activity bounces back after lockdown
Annual house price growth recovers to 1.5% in July, according to latest Nationwide house price index, with prices up 1.7% on June.
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