Stamp-duty announcement fails to boost first-time buyer outlook

The latest Rightmove Consumer Confidence Survey reveals:

"The proportion of first-time buyers expecting to enter the market over the next 12 months is at a virtual standstill compared with last quarter..."

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Nationwide: Confidence rises to highest level for two years

Results from the latest Nationwide Consumer Confidence Index reveal:

"Consumer confidence increased by six points to 80 during February and now stands at its highest level since January 2008..."

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61% of renters can't afford to buy

According to the Rightmove Q1 2010 Consumer Confidence Survey: Rental Forecast:

"61% want to buy a property now but are unable to afford to do so. Although the quarterly increases have been modest, this is the third successive rise in the proportion of renters who consider themselves priced out of the resale sector..."

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