STRUCTURED FINANCE COMMENTARY
Jun 04, 2014
Securitised product snapshot - May 2014
Housing growth in the UK is still on the rise, with a Markit Construction PMI reading of 60.8 in April and with the housing activity still improving at 63.9. The Halifax index showed a 8.5% year-on-year increase in house prices but dropped by -0.2% compared with March, which is the second consecutive monthly decrease.
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