What Is the Nationwide House Price Index?
The Nationwide House Price Index (HPI) gathers house sales data from the Land Registry, Registers of Scotland and Land and Property Services Northern Ireland and compiles an overview of house prices in different regions of the UK.
The Nationwide House Price Indexexamines variables in the UK housing market and property prices to produce a general overview of house price growth in different regions of the UK.
Springbok Properties has more than 8 years' experience selling homes fast throughout the whole of the UK. We have a no sale, no fee policy, charge no upfront costs and can sell your home in under a week. To list your home with us, call us TODAY on: 0800 068 4015.
How the Slowdown in Property Price Growth Affects Homeowners
The most recent Nationwide House Price Index property price growth figures paint a positive, if subdued impression of the UK property market. As predicted by property analysts, 2017 is likely to see a downturn in property price growth.
However, the Halifax Nationwide House Price Index revealed in a separate report that the number of first-time buyers is estimated to have risen by 7% in 2016 to 335,750 - the highest level since before the global financial crash.
The message is clear. Property prices are still on the increase, and there are plenty of people able to buy. Homeowners that need to sell their home quickly should feel encouraged by the Nationwide House Price Index figures for March. Let's not forget too that the more affordable a home is, the easiest it is to buy - and sell.
Springbok Properties has 8 years' experience selling homes across the UK fast. We sell more than 63% of homes in under a month, and have sold more than 1800 properties in under 10 days!
To find out more information about Nationwide House Price Index figures in your local area, or to list you home with a property company that has the expertise to guarantee a quick house sale, call Springbok Properties TODAY on: 0800 068 4015.