British house prices rose by 0.2% in June from May, according to figures from mortgage lender Nationwide. This increase exceeded the expected decline of 0.1%. On a year-on-year basis, house prices grew by 1.5%, surpassing the forecasted 1.2% and the previous 1.3% growth rate. The previous month's growth rate was 0.4%. The data highlights a resilient housing market in the UK despite broader economic challenges.
UK June Nationwide house prices +0.2% vs -0.1% m/m expected https://t.co/QrsAQXSBRt
🔵 UK HOUSE PRICES EDGE UP IN JUNE, LENDER NATIONWIDE SAYS British house prices rose by 0.2% in June from May, figures from mortgage lender Nationwide showed on Monday. Full Story via Reuters on PiQ Suite https://t.co/ApSE4bs8jt
🇬🇧 United Kingdom Nationwide HPI (MoM) (Jun) $GBP Actual: 0.2% 🟢 Expected: 0.0% Previous: 0.4%
🇬🇧 United Kingdom Nationwide HPI (YoY) (Jun) $GBP Actual: 1.5% Previous: 1.3%
UK NATIONWIDE HOUSE PRICE YOY ACTUAL 1.5% (FORECAST 1.2%, PREVIOUS 1.3%) $MACRO
UK NATIONWIDE HOUSE PRICE MOM ACTUAL 0.2% (FORECAST -0.1%, PREVIOUS 0.4%) $MACRO
Heads Up:🇬🇧 Nationwide Housing Prices YoY (Jun) due at 06:00 GMT (15min) Previous: 1.3% https://t.co/SbeZoZ4Ojp