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UK December Nationwide house prices -0.1% vs -0.7% m/m expected

UK December Nationwide house prices -0.1% vs -0.7% m/m expected
  • Prior -0.7%
  • House prices +2.8% vs +2.3% y/y expected
  • Prior +4.4%

This marks a fourth straight month of decline in UK house prices - the worst run since 2008, with all regions reporting a slowdown in annual price growth in the final quarter for the year. Nationwide notes that:

“While financial market conditions have settled, mortgage rates are taking longer to normalise and activity i... Read More

Posted: Dec 30 2022, 07:06
Author Name: forexlive
Views: 111616

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