The recovery in the UK was led by the housing sector. For long months, the construction PMI was the leader of the PMI pack, climbing above 60 for a few months, reflecting very strong growth. Prices of homes in London not only recovered but also passed their pre-crisis levels. Things have cooled down recently, with more […]
The post UK: The housing sector giveth, the housing sector taketh away appeared first on Forex Crunch.