Housing market looking healthy in latest figures – London Report

first_img More From Our Partners Inside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org Express KCS EVIDENCE of improvement in the housing market is expected this week when the British Bankers Association releases its mortgage approvals data for May.The figures, out on Wednesday, are likely to show that approvals for house purchases rose for a fifth consecutive month in May, climbing to a 14-month high of 43,800 from 42,116 in April.Tomorrow, the Confederation of British Industry (CBI) is expected to report a pick-up in manufacturing orders in June. The total orders balance is expected to have improved to plus two per cent in June, after dipping to a seven-month low of minus five per cent in May.“The outlook currently seems somewhat mixed for manufacturers,” said IHS Global’s chief UK economist, Howard Archer. “On the domestic demand side, the outlook for consumer goods should remain robust. “Elevated consumer confidence, markedly improved consumer purchasing power and rising employment should underpin demand for consumer durable goods. Mounting signs of a pick-up in housing market activity is also good news for manufacturers.”Archer added that manufacturers will also be hoping that now that the General Election is out of the way and political uncertainty is less of a factor, companies will become more prepared to invest, thereby lifting demand for capital goods.Meanwhile, the CBI Distributive Trades Survey, due out on Thursday, is expected to show healthy retail sales growth in June. The balance of retailers reporting a year-on-year increase in sales in June is expected to be plus 35 per cent.A strong June CBI distributive trades survey would reinforce hopes that robust consumer spending can underpin significantly improved GDP growth in the second quarter.In the corporate calendar, today sees Randall & Quilter Investment Holdings and Polar Capital update the market.Immunodiagnostic Holdings reports tomorrow, while James Latham and Market Tech will both release figures on Wednesday.Cohort Group, Costain Group, DS Smith and Photo-Me International will all update the market on Thursday, and Tesco reports on Friday. Show Comments ▼ Sunday 21 June 2015 10:47 pm Housing market looking healthy in latest figures – London Report center_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailInvestment GuruRemember Cote De Pablo? Take A Deep Breath Before You See Her NowInvestment GuruMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunForbesThese 10 Colleges Have Produced The Most Billionaire AlumniForbesComedyAbandoned Submarines Floating Around the WorldComedyzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comEliteSinglesThe Dating Site for Highly-Educated Singles in ScottsdaleEliteSinglesTotal Battle – Tactical Game OnlineThe Most Addictive Strategy Game of 2021Total Battle – Tactical Game Online whatsapp Tags: NULL Sharelast_img read more

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