FXstreet.com (Barcelona) - Nationwide house prices in UK have decreased more than expected in March, showing a clear change in consumers' housing market sentiment, according to the latest survey released by the Nationwide Building Society.
In March, housing prices have fall 0.6%, more than 0.3 decreases expected by experts, The last month, February fall 0.5%. The index has fallen for five consecutive month and shows the lowest growth in twelve years. Year to year, the index have increased 1.1% in March, worse than consensus of 2.0% increases to March. February, house prices increased 2.7% respect to the same month in 2007.
The average price housing has been 179,110 pounds in March, the lowest since March 2007, the last month, average was 179,358 pounds.