Annual house price growth in the UK eased to 10 percent in September of 2021 from 11 percent in the previous month, below market expectations of 10.7 percent. On a monthly basis, housing prices edged up 0.1 percent, after taking into account of seasonal effects and below market forecast of 0.6 percent. House prices are now around 13% higher than when the pandemic began. “As we look towards the end of the year, the outlook remains uncertain. Activity is likely to soften for a period after the stamp duty holiday expires at the end of September, given the incentive for people to bring forward their purchases to avoid the additional tax. Moreover, underlying demand is likely to soften around the turn of the year if unemployment rises as government support winds down, as seems likely, “Robert Gardner, Nationwide's Chief Economist, said. source: Nationwide Building Society, UK
Nationwide Housing Prices in the United Kingdom averaged 270.26 points from 1991 until 2021, reaching an all time high of 496.44 points in August 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 October of 2021.
Nationwide Housing Prices in the United Kingdom is expected to be 502.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Nationwide Housing Prices is projected to trend around 515.00 points in 2022 and 520.00 points in 2023, according to our econometric models.