The Nationwide's House Price Index in the UK increased by 1.9 percent year-on-year in January 2020, after a 1.4 percent rise in the previous month and above market consensus of 1.5 percent growth. " This follows twelve successive months in which annual price growth had been below 1 percent" Robert Gardner, Nationwide's Chief Economist, said. "The underlying pace of housing market activity remained broadly stable, with the number of mortgages approved for house purchase continuing within the fairly narrow range prevailing over the past two years," he added. On a monthly basis, house prices went up 0.5 percent in January, beating expectations of a 0.3 percent rise.
Nationwide Housing Prices in the United Kingdom averaged 260.01 points from 1991 until 2020, reaching an all time high of 434.21 points in July of 2019 and a record low of 98.95 points in November of 1992. This page provides - United Kingdom Nationwide Housing Prices- actual values, historical data, forecast, chart, statistics, economic calendar and news. source: Nationwide Building Society, UK
Nationwide Housing Prices in the United Kingdom is expected to be 434.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Nationwide Housing Prices in the United Kingdom to stand at 440.00 in 12 months time. In the long-term, the United Kingdom Nationwide Housing Prices is projected to trend around 446.00 points in 2021, according to our econometric models.