Consumer confidence in the housing market continues to defy previous predictions of a downturn, acco...
Consumer confidence in the housing market continues to defy previous predictions of a downturn, according to a Woolwich survey, as it has remained steady over the last three months. This follows the slight rise in confidence in August to 56% compared to 55% in the previous month. The Woolwich - Barclays mortgage arm - says this shows that the 'gloomy' forecasts made earlier in the year of a housing market crash were exaggerated. This survey - alongside other housing market indicators over the last month - suggests that the fall-back in house price inflation to a more s...
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