Gauge for costs of homes in the United Kingdom . Mortgage data is used to provide a timely measure of the level of prices. House prices give good information current conditions in the housing market. The Index can precurse broader inflationary pressures felt in later more market moving reports should housing price pressures feed into consumer prices.

Relevance: Rarely affects markets
Release schedule : 6:00 (GMT); Monthly, at the end of the reporting month.
Revision schedule : Monthly data is not usually revised
Source of report : Nationwide Building Society
Web Address : http://www.communities.gov.uk/
Address of release : http://www.nationwide.co.uk/hpi/review.htm
AKA: Nationwide House Price Index