Skip to main content

Recovery in demand loses steam

The recovery in mortgage approvals and transactions saw steady progress in January. But with surveys implying that the recovery in buyer enquiries has stalled, that recovery may not persist for long. Regardless, with prices already very high and real incomes becoming squeezed, we expect price growth to slow further over the course of the year.

Subscriber content

Read this in full, free

Start a free trial and use one of your 10 free starter credits to unlock this piece.


Free. 10 articles. No card required.

By completing this form you are agreeing to our Terms and Conditions for the provision of a free trial of Capital Economics' services. We take your privacy seriously and will not share your details with others without your consent. By providing your details, including your email address, you are consenting to Capital Economics sending you macroeconomic commentary and analysis. You can unsubscribe at any time. See our Privacy Policy for more information.