Nationwide Building Society UK (latest release)

Measures Change in the selling price of homes with mortgages backed by Nationwide;

Usual Effect Actual > Forecast = Good for currency;

Frequency Released monthly, around the end of the current month;

This is the UK’s second earliest report on housing inflation. The impact tends to be significant but varies from month to month;

Why Traders Care It’s a leading indicator of the housing industry’s health because rising house prices attract investors and spur industry activity;

Also Called Nationwide House Prices;