UK June Nationwide house prices +0.1% vs -0.3% m/m expected
Prior +0.1%House prices -3.5% vs -4.0% y/y expectedPrior -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: This article was written by Justin Low at www.forexlive.com.
- 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:
This article was written by Justin Low at www.forexlive.com.