While the UK agenda will be dominated by the Budget next Wednesday, there are also a couple of housing market pointers on the horizon. Tuesday sees the release of mortgage approvals data for September, and this month's Nationwide price index will be published on 31 October.
August's base rate cut – and the likelihood of more to follow later this year – prompted an uptick in activity (and prices) in September. But Rightmove said this week that some buyers were temporarily sitting on their hands ahead of the Budget, leaving a relative surfeit of properties on the market.
Recent weeks have also seen swap rates (on which mortgage rates tend to be based) tick higher as bond yields rise in developed markets. As such, the Nationwide data may tell a more subdued tale than last month's 0.7 per cent leap. If so, it's likely to be only a temporary respite.