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(BOE) Housing Equity Withdrawal (HEW) Q3 2010
Bank Of England (BOE), Bank Of England (BOE)
Published 12/30/2010
- 2:11 a.m. EST
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HEW was -£6.1bn in Q3 2010, compared to the Q2 2010 figure of -£5.8bn (revised from the previous published figure of -£6.2bn). Individuals have injected £49.7bn into housing equity since Q2 2008 (when the HEW measure turned negative). HEW as a percentage of post-tax income was -2.4% compared to -2.3% in Q2 2010 (revised from the previously published
-2.5%).
-2.5%).
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