Nationwide HPI April

April 28, 2016

According to the Nationwide House Price Index (HPI) April report released today, the annual pace of house price growth moderates in April.

House prices increased by 0.25% in April, down from the 0.7% in March.
Annual house price growth slows to 4.9%, down from 5.7% in March.

Commenting on the figures, Robert Gardner, Nationwide’s Chief Economist, said: “While UK house prices edged up 0.2% during the month of April, the annual rate of house price growth moderated to 4.9% from 5.7% in March.

“This slowdown returns the annual pace of house price growth to the fairly narrow range between 3% and 5% that had been prevailing since the summer of 2015.

“It may be that the surge in house purchase activity resulting from the increase in stamp duty on second homes from 1 April provided a temporary boost to prices in March.

“However, it is possible that the recent pattern of strong employment growth, rising real earnings, low borrowing costs and constrained supply will tilt the demand/supply balance in favour of sellers and exert upward pressure on price growth once again in the quarters ahead.

To read the rest of the comments and to see the HPI report in full click here

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Rightmove logo
Breaking News

Busiest ever Boxing Day on Rightmove as home-hunters prepare for 2026 move

Rightmove has recorded the busiest ever Boxing Day for visits to its platform: Visits to Rightmove on Boxing Day 2025 surpassed the previous record set in 2024 Visits to Rightmove nearly doubled (+93%) from the quietest day of the year, Christmas Day into Boxing Day, a bigger bounce in visits than last year Bounce in…
Read More →
Estate Agent Talk

How to add £30K to your property value and find a buyer fast this new year

New insight from Yopa reveals how home sellers entering the market in 2026 can add more than £30,000 to their property value by carrying out some basic home improvements. Yopa looked at five easily implemented tasks that home sellers can undertake before entering the market in order to make a good first impression with buyers,…
Read More →
Breaking News

Speed, certainty, and strong results: why property auctions are set to thrive in 2026

Following a robust year for the property auction sector in 2025, leading members of NAVA Propertymark’s Advisory Panel Board have shared their standout moments from the year and an optimistic outlook for the auctioning market as it heads into 2026. Despite economic pressures, regulatory change, and fluctuating sentiment in the wider property market, auctions continued…
Read More →
Breaking News

2026 Predictions for the Mortgage Sector

Tom Davies, Group Financial Services Managing Director, Mortgage Scout, part of LRG “By the time we move into 2026, the mortgage market will have absorbed an extraordinary amount of economic pressure in the last 5 years. We have come through a pandemic, sharp interest rate rises, fiscal uncertainty and wider global shocks, yet house prices…
Read More →
how to present your property for sale
Estate Agent Talk

UK’s most affordable cities

Where does your area rank? takepayments releases interactive map of the UK’s most affordable cities  Middlesbrough takes the top spot as the most affordable city, scoring 6.51/10 Brighton is the least affordable city outside London, scoring 3.5/10 Brighton has the highest property prices outside London (£420,181 on average), while Aberdeen has the lowest (£134,368)  …
Read More →
new build homes colchester essex
Breaking News

New-build demand falls in Q4, but pockets of the market remain sturdy

The latest market analysis from Property Inspect has found that demand for new-build homes remained subdued in Q4, with fewer than one in five new properties securing a buyer, as market conditions softened further on both a quarterly and annual basis. Property Inspect analysed current market listings to assess what proportion of new-build homes are…
Read More →