Nationwide HPI m/m comes in at 0.1% against 0.2% consensus

Nationwide HPI m/m for the UK came in at 0.1%, according to data released at 06:00 UTC on July 31, 2026. This figure was below the consensus expectation of 0.2%, representing a surprise of -50.0%. The previous month’s reading was 0%.

Following the release, the British Pound saw varied movements against major currencies over the subsequent hour. GBPUSD moved +8.9 pips, which is comparable to its median 1-hour move of 9 pips after past releases. GBPCAD advanced +20 pips, exceeding its median 1-hour move of 9 pips. GBPJPY gained +9.9 pips, while its median 1-hour move is 14 pips. GBPCHF saw a +8.2 pip increase, close to its median 1-hour move of 9 pips. GBPAUD moved +2.5 pips, which is smaller than its median 1-hour move of 14 pips. GBPNZD declined -2.2 pips, also smaller than its median 1-hour move of 12 pips. EURGBP saw a -3.8 pip movement, which is close to its median 1-hour move of 4 pips.