UK House prices (Nationwide; February 2010 down 1%)

When I look at the data from the nationwide the figure for February is actually a drop of 1.3%. The 1% drop is seasonally adjusted.


Also, they say that the 3 month movement is +1.6% but this is also seasonally adjusted. The actual 3 month movement is -0.9%.

Prices are perhaps going down (slightly), and have been since September. Since September 2009 prices have shown very low rises and falls, overall house prices for this period have fallen 0.3%.

http://www.nationwide.co.uk/hpi/historical.htm