Latest data released by the UK Nationwide Building Society - 31 May 2019
- Prior +0.4%; revised to +0.3%
- House prices +0.6% vs +1.2% y/y expected
- Prior +0.9%
Slight delay in the release by the source. House prices weakened more than expected on the month and that points to some softening in the housing market, which isn't too surprising given how Brexit is weighing on the UK economy. A minor data point.