Nationwide says UK house price growth quickens to 3.0% in April from 2.2% in March
Nationwide's April House Price Index puts annual price growth at 3.0%, up from 2.2% in March, with prices rising 0.4% on the month. The mechanism is a modest easing of affordability pressure as wages keep pace and lenders compete on spring pricing. For sellers, that points to firmer asking-price discipline as listings move; for buyers, the window of softening prices is narrowing. One reading is not a trend, though, and Halifax's March data still showed prices falling — the major indices remain mixed.
What this means for…
Buyers· 2/3
Sellers· 2/3
Wider market· 2/3
Each axis scored 1 (minor) to 3 (major). Total 6/9.
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Nationwide: UK annual house price growth picks up to 3.0% in April, prices up 0.4% on the month