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According to rttnews, british households' equity injections reached its highest level since December 2014, the Bank of England said Thursday.
Households injected GBP 12.57 billion in the second quarter versus GBP 5.09 billion in the prior quarter. This was the highest since the fourth quarter of 2014, when injection totaled GBP 12.69 billion.
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.
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