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United Kingdom Nationwide HPI YoY

United Kingdom Nationwide HPI YoY

Actual: 7.3%
Forecast: 6.7%
Previous: 6.5%
Release Date: Dec 30, 2020
Currency: GBP
Country: United Kingdom
Source Of Report: Nationwide Building Society

The Nationwide House price index is a statistic designed to reflect the average change of house prices across the country . This survey is preformed by Nationwide Housing society, UK's second largest mortgage provider, Nationwide bases its index on its own mortgage approvals. Unlike Halifax, however, it covers only 10% of the mortgage market. Nationwide only takes into account owner occupied properties and houses sold at "true market prices", i.e. no council estate sales etc. Nationwide has been publishing quarterly property price reports since 1952, and monthly indices since 1993. Like the Halifax, this is a volume-weighted index of typically transacted house prices. A higher than expected number should be taken as positive to the GBP while a lower than expected number as negative.

Release Date Actual Forecast Previous
Feb 02, 2021 (Jan) 6.9% 7.3%
Jan 29, 2021 7.3%
Dec 30, 2020 (Dec) 7.3% 6.7% 6.5%
Dec 01, 2020 (Nov) 6.5% 5.5% 5.8%
Oct 30, 2020 (Oct) 5.8% 5.2% 5.0%
Sep 30, 2020 (Sep) 5.0% 4.5% 3.7%

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