Latest data released by the UK Nationwide Building Society - 28 February 2019

  • Prior +0.3%
  • House price index +0.4% vs +0.3% y/y expected
  • Prior +0.1%

A slight drop on the month but relative to a year ago, house prices are still a little higher; but not by much. That said, housing sentiment in the UK economy remains rather subdued as Brexit uncertainty continues to weigh on the market and an extension to Brexit will likely see the drag continue in the coming months.