UK June Nationwide house prices -1.4% vs -0.6% m/m expected

Latest data released by UK Nationwide Building Society – 1 July 2020
– -1.7%
– House prices -0.1% vs +0.9% y/y expected
– Prior +1.8%
The data is released a few minutes earlier than expected. Annual house price growth basically grinds to a halt in June, falling to negative for the first time since 2012. That's not a