UPDATED

Reaction to Nationwide Monthly House Price Index

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Insights & Analysis “It’s crunch time for the UK market and we can expect to see a far less positive outlook from here on out where house price appreciation is concerned.

Commentary: Nationwide HPI June 2021

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Insights & Analysis

“It’s crunch time for the UK market and we can expect to see a far less positive outlook from here on out where house price appreciation is concerned.

For far too long, homebuyers have been borrowing beyond their means and offering above the odds in a desperate scramble to secure a stamp duty holiday saving. Now that this is starting to slip through their fingers we will see a reduction in transaction levels, a lengthening in transaction times, and the inevitable decline in property prices that will soon follow.”

"

Insights & Analysis

“It’s crunch time for the UK market and we can expect to see a far less positive outlook from here on out where house price appreciation is concerned.

For far too long, homebuyers have been borrowing beyond their means and offering above the odds in a desperate scramble to secure a stamp duty holiday saving. Now that this is starting to slip through their fingers we will see a reduction in transaction levels, a lengthening in transaction times, and the inevitable decline in property prices that will soon follow.”

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