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Nationwide reported UK annual house price growth of 0.5% in October, its weakest since January 2024, down from 0.8% in September. Prices were flat month on month.
Nationwide's chief economist said geopolitical tensions and energy-driven inflation have pushed markets to expect Bank Rate increases, raising mortgage costs.
Higher expected interest rates weigh on UK housing demand and consumer spending, with little direct effect on feed commodity prices. The data may add to pressure on sterling if the BoE tightens less than expected.
brecorder.comReutersOct 31, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
