Lockdown savings

Lockdown savings

In this short article we take a quick look at household savings during the pandemic

  • The pandemic reduced spending for many households and government policies have helped support incomes. This has led to 28% of households saving more during the pandemic.
  • 42% of high-income employed households saved more during the pandemic compared with 22% of low-income employed households. Retirees also saved more, 36% had increased their savings.
  • Which households have saved more and what those households plan to do with their savings will impact the housing market.
  • Households who have saved more could continue to support the higher levels of transactions and prices seen since May 2020. Source: Dataloft, 2020 H2 NMG Household Survey and Bank Calculations


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A quick look at Attleborough’s property market, where this time, I'm focusing on the £/sq.ft of all property that was 'for sale' in July—a key indicator of how the market is moving. More than just a number, it reflects the mix of homes for sale and the story behind local property values.

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