Britons’ housing equity injections decreased in the second quarter, the Bank of England reported Thursday.
Housing equity injections declined to GBP 4.13 billion from GBP 5.19 billion in the first quarter.
HEW occurs when withdrawals of housing equity by the household sector are larger than injections of equity.
When households, in aggregate, are withdrawing more equity than they are injecting, HEW is positive. When they are injecting more than they are withdrawing, HEW is negative.
Source: RTT News