Second consecutive monthly decline in house prices in April according to Nationwide
April 28, 2017
Nationwide House Price Index April 2017 report released today headlined ‘Annual house price growth slowest in nearly four years’.
The report reveals that house prices show second consecutive monthly decline in April, annual house price growth dips to 2.6%, weakest pace for almost four years.
The monthly change in April was -0.4% compared to -0.3% in March, the annual change in April was 2.6% compared to 3.5% in March.
Commenting on the figures, Robert Gardner,Nationwide’s Chief Economist, said: “House prices recorded their second consecutive monthly fall in April, while the annual rate of growth slowed to 2.6%, the weakest since June 2013.
“In some respects, the softening in house price growth is surprising because the unemployment rate is near to a 40-year low, confidence is still relatively high and mortgage rates have fallen to new all-time lows in recent months”. more see full report
To read the Nationwide House Price Index April 2017 report and comments from Robert Gardner in full click here.
You May Also Enjoy
Nationwide extends six times lending to home movers and remortgage
Nationwide enhances support for people looking to move up the property ladder or get a new mortgage deal Five-fold increase in Nationwide loans to first-time buyers at or above 5.5x income in 2025, compared to 2024 Increased first-time buyer support follows regulatory changes to improve affordability Nationwide is today announcing a major boost to the…
Read More 
UK Finance Buy-to-Let Mortgage Market Update
UK Finance today releases its buy-to-let (BTL) mortgage market update for Q3 2025, looking at trends in lending to borrowers accessing the market. In Q3 2025 there were 59,467 new buy-to-let loans advanced in the UK, worth £10.9 billion. This was up quite significantly compared with the same quarter in the previous year, 22.7 per…
Read More 
ONS Private Rent and House Prices Index
Average UK monthly private rents increased by 4.0%, to £1,368, in the 12 months to December 2025 (provisional estimate); this annual growth rate is down from 4.4% in the 12 months to November 2025. Average rents increased to £1,424 (3.9%) in England, £822 (5.7%) in Wales, and £1,018 (2.8%) in Scotland, in the 12 months…
Read More 
UK House Price Index November 2025
The latest index shows that: The average monthly rate of house price growth in November was +0.3%. Average UK house price annual inflation was 2.5% in the 12 months to November 2025, up from the revised estimate of 1.9% in the 12 months to October 2025. As a result, the average UK house price currently…
Read More 
Industry Comment on UK inflation rising to 3.4%
UK inflation rises for the first time in 5 months. Industry reactions on UK inflation rising to 3.4% Nathan Emerson, CEO of Propertymark: “To witness inflation creep back upwards again will no doubt be disappointing for many consumers who will have been hoping to see a drop as we move further into the first quarter…
Read More 
Property supply sees strong recovery easing competition and aiding landlords
Average applicant budgets reached £553 per week, 2% higher than in 2024. Renter spend in December remained relatively consistent with November, with only a 1% decrease in the proportion of their budget that renters spend to secure a home. Market competitiveness in December saw an improvement, with an increase by almost 20% comparing December to…
Read More