The Nationwide House Price Index in the UK increased 5.7 percent year-on-year in March 2021, easing from a 6.9 percent rise in February and missing market expectations of 6.4 percent, probably reflecting a softening of demand ahead of the original end of the stamp duty holiday before the Chancellor announced the extension in the Budget. On a monthly basis, prices fell 0.2 percent in March, also missing forecasts of a 0.4 percent rise. "The longer-term outlook remains highly uncertain. It may be that the recovery continues to gather momentum and that shifts in housing demand resulting from the pandemic continue to lift the market. However, if the labor market weakens towards the end of the year as policy support is withdrawn, as most analysts expect, then activity is likely to slow nearer the end of 2021, perhaps sharply", Robert Gardner, Nationwide’s chief economist, said. source: Nationwide Building Society, UK

Nationwide Housing Prices in the United Kingdom averaged 267.27 points from 1991 until 2021, reaching an all time high of 463.08 points in March of 2021 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 April of 2021.

Nationwide Housing Prices in the United Kingdom is expected to be 463.00 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 464.00 in 12 months time. In the long-term, the United Kingdom Nationwide Housing Prices is projected to trend around 466.00 points in 2022 and 469.00 points in 2023, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
United Kingdom Nationwide Housing Prices

Actual Previous Highest Lowest Dates Unit Frequency
463.08 460.96 463.08 98.95 1991 - 2021 points Monthly
1993Q1=100, NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-03-02 07:00 AM Nationwide Housing Prices YoY Feb 6.9% 6.4% 5.6% 6.5%
2021-03-02 07:00 AM Nationwide Housing Prices MoM Feb 0.7% -0.2% -0.3% 0.2%
2021-03-31 06:00 AM Nationwide Housing Prices YoY Mar 5.7% 6.9% 6.4% 6.2%
2021-03-31 06:00 AM Nationwide Housing Prices MoM Mar -0.2% 0.7% 0.4% 0.4%


News Stream
UK House Price Growth Slows in March
The Nationwide House Price Index in the UK increased 5.7 percent year-on-year in March 2021, easing from a 6.9 percent rise in February and missing market expectations of 6.4 percent, probably reflecting a softening of demand ahead of the original end of the stamp duty holiday before the Chancellor announced the extension in the Budget. On a monthly basis, prices fell 0.2 percent in March, also missing forecasts of a 0.4 percent rise. "The longer-term outlook remains highly uncertain. It may be that the recovery continues to gather momentum and that shifts in housing demand resulting from the pandemic continue to lift the market. However, if the labor market weakens towards the end of the year as policy support is withdrawn, as most analysts expect, then activity is likely to slow nearer the end of 2021, perhaps sharply", Robert Gardner, Nationwide’s chief economist, said.
2021-03-31
UK House Prices Surprise on the Upside: Nationwide
Annual house price growth in the UK accelerated to 6.9% in February of 2021 from a 6.4% in January, and compared with market forecasts of a 5.6% increase. On a monthly basis, prices jumped 0.7%, following a 0.2% decline in January. “This increase is a surprise. It seemed more likely that annual price growth would soften further ahead of the end of the stamp duty holiday, which prompted many people considering a house move to bring forward their purchase. It may be that the stamp duty holiday is still providing some forward momentum, especially given the paucity of properties on the market at present. Shifts in housing preferences may also be providing a more significant boost to demand, despite the uncertain economic outlook", Robert Gardner, Nationwide's Chief Economist, said.
2021-03-02
UK House Prices Slow: Nationwide
Annual house price growth in the UK slowed modestly to 6.4% in January of 2021 from a 6-year high of 7.3% in December, and compared with market forecasts of a 6.9% increase. On a monthly basis, prices fell 0.3%, the first decline in seven months. “The slowdown probably reflects a tapering of demand ahead of the end of the stamp duty holiday, which prompted many people considering a house move to bring forward their purchase. While the stamp duty holiday is not due to expire until the end of March, activity would be expected to weaken well before that, given that the purchase process typically takes several months. Looking ahead, shifts in housing preferences are likely to continue to provide some support for the market. However, if the stamp duty holiday ends as scheduled, and labour market conditions continue to weaken, housing market activity is likely to slow, perhaps sharply, in the coming months", Robert Gardner, Nationwide's Chief Economist, said.
2021-02-02
UK House Prices Rise the Most in 6 Years
The Nationwide House Price Index in the UK increased 7.3 percent year-on-year in December of 2020, the most in six years, and beating market forecasts of a 6.7 percent rise, as tax incentives continued to boost demand. Compared to the previous month, house prices increased 0.8 percent, after a 0.9 percent gain in November. “The outlook remains highly uncertain. Much will depend 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", Robert Gardner, Nationwide's Chief Economist, said. "However, housing market activity is likely to slow in the coming quarters, perhaps sharply, if the labour market weakens as most analysts expect, especially once the stamp duty holiday expires at the end of March. ", he added.
2020-12-30

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.