Consumer Spending Linked to Housing Market Confidence

Consumer Spending Linked to Housing Market Confidence

In this short article we look at how Consumer High Street Spending is linked to Housing Market Confidence

  • Super Saturday, marking the reopening of hairdressers, pubs, bars, cafes and restaurants in England, saw an increase in high street footfall. PwC reports on money in consumers’ pockets – consumer spending trends are closely linked to housing market confidence.
  • There was a 20% weekly increase in footfall on Saturday and after 5pm this rose to 36%. However, overall number of visits to the high street in England is down 56% on last year.
  • PwC reported an increase in consumer sentiment in June, the majority of households so far unaffected financially and 1 in 5 households are saving money.
  • With more money in consumers’ pockets, VAT reductions for the hospitality industry, creation of the eat out to help scheme, we hope high street footfall will continue to increase. However, much hangs on employment levels after furlough ends in October. Source: Dataloft, PwC
  • Check the infographics library for a single jpeg of this infographic.


Get in touch with us

Guide Price £350,000 to £375,000. Discover this superb modern, well-presented 4-bedroom detached family home, built to a high specification by Norfolk Homes. Featuring an en suite, dual aspect lounge, and a fitted kitchen/diner, it offers comfortable living within a convenient location in town.

Bungalows are enjoying something of a renaissance in Attleborough. Once dismissed as homes for later life, these single-storey properties are attracting downsizers, families and increasingly younger buyers. But is this simply a lifestyle shift, or are the numbers telling us something more significant about Attleborough’s property market?

When comparing homes, price often grabs the headlines, yet space can be just as important. New floor area data reveals that the average home in Attleborough is 7.3% larger than the UK average. But the picture changes dramatically when you compare detached, semi-detached, terraced homes and flats across the local market.

The "Generation Rent" narrative is shifting. New data shows under-35 homeownership jumped from 31% to 42% in a decade, while it actually fell for those aged 35-64. While affordability is still a hurdle, the dream of owning a home is far from dead for the youth. Is "Generation Rent" getting older? We explore the changing property landscape.