House Prices and Consumer Spending

13 Pages Posted: 21 Jun 2006

See all articles by Andrew Benito

Andrew Benito

Bank of England - Domestic Finance Division

Jamie N.R. Thompson

Bank of England

Matt Waldron

Bank of England

Rob Wood

Bank of England

Abstract

This article explores the complex relationship between house prices and consumer spending. It explains that the strength of the relationship can vary considerably over time. And it highlights the key roles that both common factors and causal links have played in the weakening association between house prices and consumer spending in recent years.

Suggested Citation

Benito, Andrew and Thompson, Jamie N.R. and Waldron, Matt and Wood, Rob, House Prices and Consumer Spending. Bank of England Quarterly Bulletin, Summer 2006, Available at SSRN: https://ssrn.com/abstract=910468

Andrew Benito

Bank of England - Domestic Finance Division ( email )

Threadneedle Street
London EC2R 8AH
United Kingdom
020 7601 5212 (Phone)

Jamie N.R. Thompson (Contact Author)

Bank of England ( email )

Threadneedle Street
London, EC2R 8AH
United Kingdom

Matt Waldron

Bank of England

Threadneedle Street
London, EC2R 8AH
United Kingdom

Rob Wood

Bank of England

Threadneedle Street
London, EC2R 8AH
United Kingdom

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