Tuesday, 2 June 2009

Does this look like a recovery

Loan approvals for home purchases are up slightly in April compared to March. Moverover it was the third consequentive monthly increase.

However, the April figures are a long way short of numbers seen during the bubble years.


London estate agent said...

It certainly looks like a turning point.

mike said...

The recent rise is just a blip and without any reason for it to be sustained.