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UK December Nationwide home costs 0.0% vs 0.0% m/m anticipated

  • Prior +0.2%

Over the course of the 12 months, UK home costs fell by 1.8% and that’s arguably a lot much less hurtful than anticipated contemplating the speed hikes by the BOE. The typical value of a dwelling is seen at £257,443 to finish the 12 months. Nationwide does notice {that a} rebound subsequent 12 months “appears unlikely” although as they are saying that “consumer confidence remains weak and surveyors continue to report subdued levels of new buyer enquiries”.

This text was written by Justin Low at www.forexlive.com.

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