Confidence in housing market "no longer increasing" - Woolwich

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Rising consumer confidence in the housing market has come to an end after three months of steady inc...

Rising consumer confidence in the housing market has come to an end after three months of steady increases, a Woolwich survey says. Latest figures from the mortgage lender show that month-on-month confidence has reach a standstill - falling 1% since June from 56% to 55%. This comes as "the boost in optimism that has been evident in the UK housing market over the past three months looks to be easing," the lender says. Andy Gray, head of mortgages for Woolwich, says that the "confidence bubble" experienced in recent months may have reach its final destination as the even...

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