The Nationwide House Price Index in the UK increased 5.8 percent year-on-year in October 2020, the most since January 2015 and beating market consensus of a 5.2 percent rise. “Data suggests that the economic recovery has lost momentum in recent months with economic growth slowing sharply to 2.1% in August, down from 6.4% in July, despite a strong boost to the hospitality sector from the Eat Out to Help Out scheme, which has since expired." Robert Gardner, Nationwide's Chief Economist, said. “The outlook remains highly uncertain and will depend heavily on how the pandemic and the measures to contain it evolve as well as the efficacy of policy measures implemented to limit the damage to the wider economy. Behavioral shifts as a result of Covid-19 may provide support for housing market activity, while the stamp duty holiday will continue to provide a near term boost by bringing purchases forward." he added. source: Nationwide Building Society, UK

Nationwide Housing Prices in the United Kingdom averaged 264.58 points from 1991 until 2020, reaching an all time high of 454.49 points in October of 2020 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. United Kingdom Nationwide Housing Prices - data, historical chart, forecasts and calendar of releases - was last updated on November of 2020.

Nationwide Housing Prices in the United Kingdom is expected to be 426.00 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 438.00 in 12 months time. In the long-term, the United Kingdom Nationwide Housing Prices is projected to trend around 440.00 points in 2021 and 445.00 points in 2022, according to our econometric models.

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United Kingdom Nationwide Housing Prices

Actual Previous Highest Lowest Dates Unit Frequency
454.49 451.10 454.49 98.95 1991 - 2020 points Monthly
1993Q1=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-09-30 06:00 AM Nationwide Housing Prices YoY Sep 5% 3.7% 4.5% 4.7%
2020-09-30 06:00 AM Nationwide Housing Prices MoM Sep 0.9% 2% 0.5% 0.7%
2020-10-30 07:00 AM Nationwide Housing Prices YoY Oct 5.8% 5% 5.2% 4.7%
2020-10-30 07:00 AM Nationwide Housing Prices MoM Oct 0.8% 0.9% 0.4% 0.5%
2020-11-27 07:00 AM Nationwide Housing Prices MoM Nov 0.8% 0.3% 0.4%
2020-11-27 07:00 AM Nationwide Housing Prices YoY Nov 5.8% 5.4% 6.2%
2020-12-28 07:00 AM Nationwide Housing Prices MoM Dec
2020-12-28 07:00 AM Nationwide Housing Prices YoY Dec


News Stream
UK House Prices Rise the Most Since 2015
The Nationwide House Price Index in the UK increased 5.8 percent year-on-year in October 2020, the most since January 2015 and beating market consensus of a 5.2 percent rise. “Data suggests that the economic recovery has lost momentum in recent months with economic growth slowing sharply to 2.1% in August, down from 6.4% in July, despite a strong boost to the hospitality sector from the Eat Out to Help Out scheme, which has since expired." Robert Gardner, Nationwide's Chief Economist, said. “The outlook remains highly uncertain and will depend heavily on how the pandemic and the measures to contain it evolve as well as the efficacy of policy measures implemented to limit the damage to the wider economy. Behavioral shifts as a result of Covid-19 may provide support for housing market activity, while the stamp duty holiday will continue to provide a near term boost by bringing purchases forward." he added.
2020-10-30
UK House Prices Rise the Most in 4 Years
The Nationwide House Price Index in the UK increased by 5 percent year-on-year in September 2020, the most since September 2016 and above market consensus of a 4.5 percent rise, amid a sharp rebound in the country's housing market after the COVID-19 lockdown. Pent-up demand came through, with decisions taken to move before lockdown now progressing. At the same time, the stamp duty holiday added to momentum by bringing purchases forward, while behavioral shifts have also boosted activity as people reassess their housing needs and preferences as a result of life in lockdown. On a monthly basis, the index rose 0.9 percent in September after growing by 2 percent in August, the most since February 2004.
2020-09-30
UK House Prices Rise More than Expected in August
The Nationwide House Price Index in the UK increased 3.7 percent year-on-year in August 2020, easily beating market consensus of a 2 percent rise. On a monthly basis, the index jumped 2 percent, the highest monthly increase since February 2004. “The bounce back in prices reflects the unexpectedly rapid recovery in housing market activity since the easing of lockdown restrictions." Robert Gardner, Nationwide's Chief Economist, said. “These trends look set to continue in the near term, further boosted by the recently announced stamp duty holiday, which will serve to bring some activity forward. However, most forecasters expect labour market conditions to weaken significantly in the quarters ahead as a result of the aftereffects of the pandemic and as government support schemes wind down. If this comes to pass, it would likely dampen housing activity once again in the quarters ahead." he added.
2020-09-02
UK House Prices Rebound Firmly in July
The Nationwide House Price Index in the UK increased 1.5 percent year-on-year in July 2020, defying market consensus of a 0.3 percent fall. On a monthly basis, the index rose 1.7 percent, the biggest monthly increase since August 2009.“The bounce back in prices reflects the unexpectedly rapid recovery in housing market activity since the easing of lockdown restrictions.", Robert Gardner, Nationwide's Chief Economist, said. “These trends look set to continue in the near term, further boosted by the recently announced stamp duty holiday, which will serve to bring some activity forward. However, there is a risk this proves to be something of a false dawn. Most forecasters expect labour market conditions to weaken significantly in the quarters ahead as a result of the aftereffects of the pandemic and as government support schemes wind down. If this comes to pass, it would likely dampen housing activity once again in the quarters ahead.", he added.
2020-07-31

United Kingdom Nationwide Housing Prices
The Nationwide house price index is an indicator of trends in UK house prices. The index is calculated based on owner occupier house purchase transactions involving a mortgage. Buy to let and cash purchases are not included.