FOREX TradingCharts.com

Financial News: UK Nationwide House Prices Rise In October

UK Nationwide House Prices Rise In October

11/03/2021 - 03:15:00 (RTTNews)

(RTTNews) - UK house prices continued to increase at a stronger pace in October, data from Nationwide Building Society showed on Wednesday.

House prices grew 9.9 percent year-on-year in October, following a 10 percent rise in September. Economists had forecast the growth rate to ease to 9.3 percent.

On a monthly basis, house prices advanced 0.7 percent after rising 0.2 percent in September. Prices were expected to climb 0.4 perceent.

The price of a typical UK home has passed the GBP 250,000 mark, an increase of GBP 30,728 since the pandemic struck in March 2020.

The outlook remains extremely uncertain, Robert Gardner, Nationwide's chief economist, said.

"If the labour market remains resilient, conditions may stay fairly buoyant in the coming months - especially as the market continues to have momentum and there is scope for ongoing shifts in housing preferences as a result of the pandemic to continue to support activity," Gardner added.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


France Consumer Confidence Stable In November (08 hr(s), 56 min(s), 26 sec(s) ago)
(RTTNews) - France's consumer confidence remained unchanged in November, preliminary data from ...Full Story»

Austria Manufacturing Growth Slows In November (09 hr(s), 16 min(s), 26 sec(s) ago)
(RTTNews) - Austria's manufacturing sector growth weakened for the fourth time in five months ...Full Story»

Italy Consumer Confidence Weakens In November (09 hr(s), 51 min(s), 26 sec(s) ago)
(RTTNews) - Italy's consumer confidence weakened in November, survey results from the statisti ...Full Story»

Swiss GDP Grows More Than Expected (10 hr(s), 22 min(s), 26 sec(s) ago)
(RTTNews) - Switzerland's economic growth slowed slightly in the third quarter, but the expans ...Full Story»

Sweden Retail Sales Increase In October (10 hr(s), 37 min(s), 26 sec(s) ago)
(RTTNews) - Sweden's retail sales increased in October, figures from Statistics Sweden showed ...Full Story»

Sweden Economic Confidence Weakens In November (10 hr(s), 49 min(s), 26 sec(s) ago)
(RTTNews) - Sweden's economic confidence weakened in November, data from the National Institut ...Full Story»

Lithuania Retail Sales Growth Eases In October (11 hr(s), 49 min(s), 26 sec(s) ago)
(RTTNews) - Lithuania's retail sales increased at a softer pace in October, figures from the s ...Full Story»

Germany Import Price Inflation Strongest Since 1980 (12 hr(s), 08 min(s), 26 sec(s) ago)
(RTTNews) - Germany's import price inflation accelerated to the highest since early 1980 due t ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

France Consumer Confidence Stable In November

11/26/2021 - 07:02 AM (RTTNews)
(RTTNews) - France's consumer confidence remained unchanged in November, preliminary data from ...Full Story>>

Austria Manufacturing Growth Slows In November

11/26/2021 - 06:42 AM (RTTNews)
(RTTNews) - Austria's manufacturing sector growth weakened for the fourth time in five months ...Full Story>>

Italy Consumer Confidence Weakens In November

11/26/2021 - 06:07 AM (RTTNews)
(RTTNews) - Italy's consumer confidence weakened in November, survey results from the statisti ...Full Story>>

Swiss GDP Grows More Than Expected

11/26/2021 - 05:36 AM (RTTNews)
(RTTNews) - Switzerland's economic growth slowed slightly in the third quarter, but the expans ...Full Story>>

Sweden Retail Sales Increase In October

11/26/2021 - 05:21 AM (RTTNews)
(RTTNews) - Sweden's retail sales increased in October, figures from Statistics Sweden showed ...Full Story>>

Do not sell my personal information

Copyright © 2021. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.