Pantheon Macroeconomics - The MPC's interest rate cut in August, and the continued willingness of banks to lend, bolstered the housing market immediately after the referendum. But the latest indicators suggest that the market is slowing again, as the financial pressures on households' incomes intensify.

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8 February 2017 Housing Market Flagging Again as Income Squeeze Intensifies

By Samuel Tombs

The MPC's interest rate cut in August, and the continued willingness of banks to lend, bolstered the housing market immediately after the referendum. But the latest indicators suggest that the market is slowing again, as the financial pressures on households' incomes intensify.

Posted: 7th Feb 2017 in 'UK Documents'

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