Rat and Mouse
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Thu
30
Mar
Nationwide reports - up, up, and away

Nationwide's (seasonally adjusted) figures were released this morning - and it's a 1.1% jump in March, bringing a year-on-year house price increase to an impressive 5.3%. The suggestion (from Nationwide and other analysts), though, remains that a minty cooling effect is likely in the coming months, as a result of higher utility bills, rising unemployment and dashed hopes of interest rate cuts. A bit of commentary, here, courtesy of Reuters. I'll bring you the Nationwide link very shortly - right now I'm getting a message telling me their server's being reset due to heavy traffic - what an obsession this house price business is.


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