Monitor the UK Nationwide HPI m/m to gauge housing market trends and investment opportunities.
This serves as a primary indicator of the housing sector's vitality, as increasing house prices attract investors and stimulate industry activity. It is also the UK's second earliest report on housing inflation.
What it Measures
It reflects the change in selling prices of homes with mortgages supported by Nationwide.
Usual Effect
A result that exceeds the forecast is favorable for the currency.
Source & Frequency
Nationwide Building Society (latest release) - https://www.nationwide.co.uk/ • Published monthly, typically towards the end of the month.
How Data is Derived
N/A
Also Known As
Nationwide House Prices
Acronym
House Price Index (HPI)