{"id":1053,"date":"2010-09-02T07:47:46","date_gmt":"2010-09-02T06:47:46","guid":{"rendered":"http:\/\/www.propertysurveying.co.uk\/newsletter\/?p=1053"},"modified":"2010-09-02T07:47:46","modified_gmt":"2010-09-02T06:47:46","slug":"no-change-in-houseprices-reports-nationwide","status":"publish","type":"post","link":"https:\/\/www.propertysurveying.co.uk\/newsletter\/?p=1053","title":{"rendered":"No change in Houseprices reports Nationwide."},"content":{"rendered":"<p class=\"MsoNormal\" style=\"text-align: justify; margin: 0cm 0cm 0pt; mso-layout-grid-align: none;\"><span style=\"font-family: Verdana; mso-bidi-font-family: NBSLight;\"><span style=\"font-size: small;\">The Nationwide Building Society Survey of house prices on a monthly basis has been released today.<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify; margin: 0cm 0cm 0pt; mso-layout-grid-align: none;\"><span style=\"font-family: Verdana; mso-bidi-font-family: NBSLight;\"><span style=\"font-size: small;\">\u00c2\u00a0<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify; margin: 0cm 0cm 0pt; mso-layout-grid-align: none;\"><span style=\"font-family: Verdana; mso-bidi-font-family: NBSLight;\"><span style=\"font-size: small;\">It reports that prices fell to record no change in prices over the three month indicator.<span style=\"mso-spacerun: yes;\">\u00c2\u00a0 <\/span><\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify; margin: 0cm 0cm 0pt; mso-layout-grid-align: none;\"><span style=\"font-family: Verdana; mso-bidi-font-family: NBSLight;\"><span style=\"font-size: small;\">\u00c2\u00a0<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify; margin: 0cm 0cm 0pt; mso-layout-grid-align: none;\"><span style=\"font-family: Verdana; mso-bidi-font-family: NBSLight;\"><span style=\"font-size: small;\">Martin Gahbauer, Nationwide\u00e2\u20ac\u2122s Chief Economist reports that \u00e2\u20ac\u0153Houseprices fell by 0.9% month-on-month (m\/m) in August, following a decline of 0.5% m\/m in July. This is the first time since February 2009 that house prices have fallen in two consecutive months. The 3 month on 3 month rate of change \u00e2\u20ac\u201c generally a smoother indicator of the recent price trend \u00e2\u20ac\u201c fell from 1.2% in July to 0.0% in August, suggesting that house prices have essentially <\/span><\/span><span style=\"font-family: Verdana; mso-bidi-font-family: NBSLight;\"><span style=\"font-size: small;\">stagnated over the summer.\u00e2\u20ac\u009d<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify; margin: 0cm 0cm 0pt; mso-layout-grid-align: none;\"><span style=\"font-family: Verdana; mso-bidi-font-family: NBSLight;\"><\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify; margin: 0cm 0cm 0pt; mso-layout-grid-align: none;\"><span style=\"font-family: Verdana; mso-bidi-font-family: NBSLight;\"><span style=\"font-size: small;\">The main holiday period (late July and August) is traditionally a slightly quieter time within the property market and it will be interesting to note the next two months figures which will give a better indication of the direction of the market over the Autumn period.<\/span><\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify; margin: 0cm 0cm 0pt; mso-layout-grid-align: none;\"><span style=\"font-family: Verdana; mso-bidi-font-family: NBSLight;\"><\/span><\/p>\n<p class=\"MsoNormal\" style=\"text-align: justify; margin: 0cm 0cm 0pt; mso-layout-grid-align: none;\"><span style=\"font-family: Verdana; mso-bidi-font-family: NBSLight;\"><span style=\"font-size: small;\">02nd September, 2010<\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Nationwide Building Society Survey of house prices on a monthly basis has been released today. \u00c2\u00a0 It reports that prices fell to record no change in prices over the three month indicator.\u00c2\u00a0 \u00c2\u00a0 Martin Gahbauer, Nationwide\u00e2\u20ac\u2122s Chief Economist reports that \u00e2\u20ac\u0153Houseprices fell by 0.9% month-on-month (m\/m) in August, following a decline of 0.5% m\/m &hellip; <a href=\"https:\/\/www.propertysurveying.co.uk\/newsletter\/?p=1053\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;No change in Houseprices reports Nationwide.&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1053","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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