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Confidence Down Year On Year But Improving

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This report was kept very quiet today.


"Consumers continue to be cautious

In January, the Nationwide Consumer Confidence Index rose by 1 point, however confidence is 10 points lower than it was in January 2005. While confidence has weakened significantly over the past year, the three month average has been moving upward since October, suggesting that consumer sentiment may have turned a corner and that we may now be seeing signs of a gradual improvement."


Scotsman: http://business.scotsman.com/latest.cfm?id=200762006

Bloomberg: http://www.bloomberg.com/apps/news?pid=100...Qcw9ww&refer=uk

Edited by Jason

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Hmmm, maybe it will be more widely reported tomorrow?

Nope. It is usually emailed to the media mailing list, and it wasn't (cough, cough, wink, wink).

The continuing housing boom is causing the STRs much stress and anguish because they had hoped that the property crash would happen soon after they sold their property but this was always wishful thinking and the STRs have seriously misjudged the strength of the housing boom and are perplexed and getting increasingly frustrated at seeing no signs of a property crash occurring soon.

Bruno's back!!! :o

Please mind the Trolls!

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  • 331 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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