Strong Housing Gains Driving Economic Growth

Title:
Strong Housing Gains Driving Economic Growth
Word Count:
342

Summary:
Consumer spending, increased investment and a hot housing market have led the UK economy to be

Keywords:
strong housing gains driving economic growth

Article Body:
Consumer spending, increased investment and a hot housing market have led the UK economy to be

The GDP is up almost 3% from last year at the same time and is 2.8% higher than earlier foreca

Fuelling the economy has been an growing housing market, where housing values continue to clim

The interest rates of almost 6% are at a 6 year high, but investors and home buyers seem to be
Consumer spending is up at 0.6% over the last quarter, and investment has risen by almost 2%.

Analysts say that the real engine behind the economic growth is a housing market that is givin

Financial services have shown strong growth, partly in response to an increasing demand for eq

Many advisors are forecasting another interest rate rise to combat the strong economy and incr

The housing market shows no signs of cooling, even with central planning measures, and the eco

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