The 0.3% m/m rise in the Nationwide measure of house prices in February suggests that the improvement in the housing market and the wider economy at the turn of the year has been sustained. The growing risk, though, is that an inflationary shock from the events in the Middle East puts the handbrake on housing by limiting interest rate cuts
At 10am GMT today, we’re hosting a short online briefing to assess what this weekend’s developments in the Middle East mean for the global economy and markets. (Register here.)
We’re also hosting an in-person property roundtable event at our London office on 18th March to discuss the housing and commercial property winners and losers. (Register here.)
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