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Consumer confidence props housing market

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  • 06/06/2002
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The housing market shows no sign of slowing, suggests consumer confidence figures from Woolwich. Res...

The housing market shows no sign of slowing, suggests consumer confidence figures from Woolwich. Research this month shows average consumer confidence at 61% throughout the UK during April. In April 2001, average confidence was at 48%. Andy Gray, head of mortgage products for Woolwich said: ‘Confidence figures are at their highest levels ever throughout the UK. With house price inflation at 15% to 16% some are suggesting a late 1980’s style bubble has developed. In our opinion, this is wrong.’


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