Nationwide HPI m/m

MeasuresChange in the selling price of homes with mortgages backed by Nationwide;
Usual Effect'Actual' greater than 'Forecast' is good for currency;
FrequencyReleased monthly, around the end of the current month;
Next Release
FF NotesThis is the UK's second earliest report on housing inflation;
Why Traders
It's a leading indicator of the housing industry's health because rising house prices attract investors and spur industry activity;
Also CalledNationwide House Prices;
Acro ExpandHouse Price Index (HPI);