Friday, July 23, 2010

BBA Mortgage Approvals show contraction in housing market


Forex Special (Barcelona) - The British Bankers' Association released mortgage approvals for June. The amount withdrew to 34,800. The Housing market indicator's previous released stood at 36,700 in May. 

The fall is surprising as it is a worse-than-expected result by the markets that expected a slight increase positioning their forecast at 37,000.

BBA Mortgage Approvals

34.8
Actual
37.0K
Consensus

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