In contrast to the earlier BBA data, the Bank of England reported a rise in approvals for house purchase in December. With mortgage rates at record lows, and consumer confidence at seven-year highs, that recovery is set to continue.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services