UK June Nationwide house prices +0.1% vs -0.3% m/m expected

  • Latest data released by UK Nationwide Homebuilding Society - 30 June 2023
  • Prior +0.1%
  • House prices -3.5% vs -4.0% y/y expected
  • Prior -3.4%

The average house price in the UK moved up slightly in June to £262,239 but annual price growth remains lower as rising rates are starting to weigh on the housing market. There is starting to be a noticeable impact on housing affordability as seen here:

UK NW

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