Nationwide’s HPI for September shows very little movement in house prices and a flat graph, as you can see. At only 0.1% growth last month it is not surprising. As the Nationwide’s Chief Economist puts it “September proved to be an uneventful month for house prices.”
Nationwide’s HPI is the first of the major organisations to report on a month’s house prices, and this normally means a slight adjustment in figures over the month – however unlikely to change dramatically.
“The three month on three month rate of change – a good indicator of the near term price trend – fell from 0.0% in August to -0.9% in September.” Comments Martin Gahbauer.
For more information visit: http://www.nationwide.co.uk/hpi/historical/Sep_2010.pdf
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