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Nationwide Building Society House Price Index March 2021

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    Nationwide Building Society House Price Index March 2021



    UK annual house price growth slows in March as North West sees strongest growth in first quarter of 2021

    Key Points:
    • Prices down 0.2% month-on-month, after taking account of seasonal factors
    • Policy support likely to boost housing market over the next six months, longer-term outlook remains highly uncertain
    • London sees the weakest growth in all of the UK in Q1

    Full report here:

    https://www.nationwide.co.uk/-/media...ar_Q1_2021.pdf

    #2
    What are the seasonal factors that might cause a variation between February and March prices?

    Comment


      #3
      Originally posted by ladymuck View Post
      What are the seasonal factors that might cause a variation between February and March prices?
      Winter ends - Spring starts

      HTH

      Comment


        #4
        I live in the South West and the market is on fire.

        Seems like a very mixed picture across the UK but it does feel like a crack-up boom loaded with risk. Businesses are closing by the hundred, lots of people on furlough and house prices going up just doesn't make sense. Nothing ever seems to cool the UK market anymore.

        Comment


          #5
          5-6% rates would cool it down nicely.

          Comment


            #6
            London is the "worst performer" with the north-south divide swapping.

            House price reporting is so skewed in this country.

            https://www.theguardian.com/business...se-prices-fall

            Comment


              #7
              Housing market is on fire in US and Canada. In canada house prices have gone up by 200-300k .
              All those trillions printed have to find a home.

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