Latest data released by UK Finance - 26 March 2019
- Prior 40.63k; revised to 39.56k
The data measures only a proportion of the demand in the UK housing market - those which are approved by High Street Banks in the UK. The headline reading is the smallest increase in approvals since April 2013 but the more concerning detail is that consumer credit growth slowed to its weakest annual pace since October at +3.8%. That's not exactly a sign that the economy is running hot.
