Countrywide plc (CWD.L), a residential estate agency and property services group, had previously forecast 2014 market volumes to be up by 10% - 15% on 2013. It still projects the market to be in that range which would put the Group on track to deliver annual results in line with market view. This is still anticipated to be a record year for both profits and operating margins with all segments recording growth in both revenue and profits.
The momentum carried into 2014 saw a very strong first half with Bank of England mortgage approvals up 22% on 2013 and Land Registry volume growth of 27%. As forecast, the mortgage market review in Q2 2014 impacted the pace of growth with Q2 mortgage approvals growing by 11% on the 2013 third quarter.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.