UK Nationwide HPI mm -0.2% vs +0.5% exp via ForexLive

• +0.8% prev
• yy nsa  +9.4% vs 10.4% exp vs +11.0% prev

Softer than expected and evidence that the tightening of mortgage t&cs is still taking effect

Nationwide says:

• Q3 London prices +21% yy vs +25.8% in Q3 but still 31% above 2007 peak
• house prices may soften in Q4 but outlook remains uncertain

GBPUSD finding some buyers again despite the data at 1.6268 as EURGBP comes under fire again to 0.7800

UK Nationwide HPI mm

posted via ForexLive