Online House Hunter: Easter sunshine | Alan Cleaver | Independent Property Blogs
THE sun is shining, Easter holidays are here – a traditional boom time for house-hunting and house-buying and the headline news is that gross mortgage lending was up 21 per cent in March. So why isn’t everyone jumping up and down for joy?
Well, there is good news but cynical statisticians might suggest a 21 per cent (month on month) rise in March just shows what an awful month February was. They have a point. Year on year, there was a two per cent decline in gross mortgage lending.
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