UK house price growth slows in February compared to previous month according to Nationwide

March 1, 2018

Latest Nationwide House Price Index report – February 2018 released today headlines ‘House price growth falls back in February’

The report reveals that annual house price growth slows to 2.2% from 3.2% the previous month.

Commenting on the figures, Robert Gardner, Nationwide’s Chief Economist, said:

“After picking up unexpectedly in January, UK house price growth fell back in February, to 2.2% from 3.2% the previous month. House prices fell by 0.3% over the month, after taking account of seasonal factors.

“Month-to-month changes can be volatile, but the slowdownis consistent with signs of softening in the household sectorin recent months. Retail sales were relatively soft over the Christmas period and at the start of the new year, aswere key measures of consumer confidence, as the squeeze on household incomes continued to take its toll.” more….

Read the Nationwide House Price Index report – February 2018 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

Breaking News

Over 1.2m homes sold across the UK

The latest analysis of Government transaction data by GetAgent.co.uk has revealed that, despite widespread perceptions that 2025 was a difficult year for the property market, more than 1.2m homes sold across the UK, marking a 9.3% increase on the previous year. GetAgent analysed Government data on UK property transactions to estimate how many homes sold…
Read More →
Breaking News

Planning reform alone will not fix the UK’s housing crisis

Propertymark has published a new position paper, Meeting UK house demand, moving beyond the planning system, warning that focusing solely on reforming the planning system will not deliver the number of homes the UK urgently needs. While planning reform is frequently cited as the primary solution to the housing shortage, Propertymark’s analysis shows that changes…
Read More →
Breaking News

One in three mortgage hunting FTBs has at least 25% deposit

While higher loan-to-value (LTV) mortgages dominate first-time buyer demand a significant minority are seeking higher deposit deals, fresh data from Moneyfactscompare.co.uk can reveal. Of those looking for fixed term deals on moneyfactscompare.co.uk: Almost one in three (30%) first-time buyers are opting for 90% LTV mortgages, and a further 12% are looking at 95% LTV options. This…
Read More →
how to present your property for sale
Breaking News

Nationwide House Price Index for January 2026 – Industry Reaction

Nationwide House Price Index for January 2026. The latest index shows that: House prices increased by 0.3% between December 2025 and January 2026. This reversed the -0.4% monthly decline seen between November and December of last year. Annual growth sat at 1% in January 2026, with this annual rate of growth increasing from 0.6% in…
Read More →
Breaking News

House price growth edges higher in January

Slight rise in annual house price growth to 1.0% House prices were up 0.3% month on month Continued improvement in affordability helped drive first-time buyer activity in 2025 Headlines Jan-26 Dec-25 Monthly Index* 544.9 543.4 Monthly Change* 0.3% -0.4% Annual Change 1.0% 0.6% Average Price (not seasonally adjusted) £270,873 £271,068 * Seasonally adjusted figure (note…
Read More →
Breaking News

Housebuilding sector shows early signs of recovery

The latest Barclays Business Prosperity Index report1 reveals that despite affordability pressures, regulatory challenges and financial caution, four in five businesses (83 per cent) operating in housebuilding and its supply chains remain confident about their outlook for the year ahead. Barclays’ anonymised client data from around 70,000 UK businesses, combined with research from 500 industry…
Read More →