Latest data released by UK Nationwide Building Society - 2 April 2020
- Prior +0.3%
- House prices +3.0% vs +2.1% y/y expected
- Prior +2.3%
Slight delay in the release by the source. Take the reading here with a pinch of salt as the data collated predates the negative impact caused by the virus outbreak and lockdown measures in the UK seen over the past few weeks. As noted by Nationwide in their report:
"It is important to note that, while we use a full month's worth of data to generate the index, the cut-off point is slightly before the end of the month. This means that developments following the UK government's lockdown will not be reflected in these figures."
