Last week the Bloomberg Nanos Consumer Confidence Index was higher with job security and the housing market both showing optimism.
This week’s figures though reveal that the confidence was short-lived. Those surveyed felt that the economy was not looking as positive, especially with the surprise trade deficit reported on Friday. Confidence in job security is also down on the previous figures.
However, when asked about real estate the percentage of respondents who expected price increases in the next six months, was higher.
Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate
More market watch: