UK January Nationwide house prices +0.5% vs +0.2% m/m expected

Latest data released by UK Nationwide Building Society - 29 January 2020

  • Prior +0.1%
  • House prices +1.9% vs +1.5% y/y expected
  • Prior +1.4%

Slight delay in the release by the source. House prices continue to keep up the bit-part recovery in the latter stages of last year but overall housing market conditions remain a little more subdued in light of continued political and Brexit uncertainty.

This will do little to change the landscape of the current UK economic picture. Cable is sitting at 1.3020 at the moment, little changed on the day still.

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