The typical/expected market impact of this event is low.
The consensus forecast for Nationwide Housing Prices n.s.a (YoY) is 1.2%. A higher value than forecast tends to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
Higher numbers than forecast tend to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.
The most recent announced value for Nationwide Housing Prices n.s.a (YoY) was 1.8% against a forecast of 1.4%.
Recent economic data has been moderately bullish for GBP. Other recent announcements which may affect the market's interpretation of the next Nationwide Housing Prices n.s.a (YoY) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| Gross Domestic Product (QoQ) | (no change) | 0.1% | 0.1% | ||
| Gross Domestic Product (YoY) | (no change) | 1.3% | 1.3% | ||
| Retail Sales (MoM) | Bullish change | -0.9% | -0.1% | ||
| Retail Sales (YoY) | (no change) | 0.6% | 0.6% | ||
| Retail Sales ex-Fuel (MoM) | Bullish change | -0.8% | -0.2% | ||
| Retail Sales ex-Fuel (YoY) | Bearish change | 1.6% | 1.2% | ||
| GfK Consumer Confidence | Bullish change | -19 | -17 |
| Country: | United Kingdom |
|---|---|
| Currency: | GBP |
| Source: | Nationwide Building Society |
| Category: | Housing Market |
| Frequency: | Monthly |
| Australia | Building Permits (MoM) | ||
| New Zealand | Building Permits s.a. (MoM) | ||
| United States | Pending Home Sales (MoM) | ||
| United States | Existing Home Sales Change (MoM) | ||
| United States | New Home Sales Change (MoM) | ||
| United States | Housing Starts (MoM) | ||
| United States | Building Permits (MoM) |