Consumers hopeful of housing market recovery

Call us on our free phone number 0800 587 0093

People Finder

Search AG

Share this site

My Ashton KCJ Bookmarks

Currently no favourites bookmarkedAdd this page to FavoritesCharacter limit exceeded! Limit:To delete the bookmark click on the title and drag out.Bookmark already exists!Custom titleDescriptionPlease fill in all required fields!

100smoothness

Warning: Invalid argument supplied for foreach() in /home/ashtonkc/public_html/modules/mod_cd_fapa/tmpl/default.php on line 56

Consumers hopeful of housing market recovery /resources/news/residential-property/1062-Consumers-hopeful-of-housing-market-recovery

Home > News & Resources > News > Residential Property > Consumers hopeful of housing market recovery

Consumers hopeful of housing market recovery

More than one in five people in the UK believe the housing market will have recovered from its recent slump by the end of this year.

This is the finding of a poll by uSwitch, which also revealed that 13 per cent think the recession will have ended by this time.

Meanwhile, 44 per cent of respondents said they believe the number of property sales and purchases will go up next year.

Commenting on the findings, uSwitch said they show the "inherent steadfast trust" in property still remains.

However, spokeswoman Louise Bond insisted: "Consumers really need to be aware of the financial legacy a recession leaves, long after a return to positive growth."

She added that no-one can accurately predict when the decline in the economy will abate.

However, official figures this week showed that retail sales in the UK during July were 3.3 per cent up on the previous year, while the CBI has also reported rising confidence in the manufacturing sector.
ADNFCR-2347-ID-19325250-ADNFCR