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The Nationwide House Price Index is a widely recognized and authoritative measure of the housing market in the UK. It tracks the average change in house prices across the country, providing valuable insights into the state of the property market. The index is based on a large sample of mortgage data and offers a comprehensive view of housing trends, including regional variations and overall market fluctuations. It is a key tool for economists, policymakers, and individuals involved in the real estate industry, helping them to understand and predict market movements. The Nationwide House Price Index is regularly updated and is considered a reliable indicator of the health and direction of the UK housing market.