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 However, if the labor market weakens towards the end of the year as policy support is withdrawn, as most analysts expect, then activity is likely to slow nearer the end of 2021, perhaps sharply", Robert Gardner, Nationwide’s chief economist, said.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.