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Scott Corfe, senior economist at Centre for Economics and Business Research, said: "The recovery in the housing market is, we think, a significant factor explaining the pick-up in economic growth and consumer confidence seen since the start of 2013. Although earnings are trailing behind inflation at present, squeezing household incomes, this housing market feel-good factor should support consumer spending in the short-term." |
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2019-09-26 15:53:16 |
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