Its latest survey suggested the housing market in some parts of the country may now be "over the very worst".
In fact, the strength of sterling has proved to be such a boon that the country has exported its over-heated housing market to certain parts of the continent.
Thus far, the weakness in housing and in some parts of manufacturing does not appear to have spilled over to any significant extent to other sectors of the economy.
If the credit squeeze spreads and borrowing becomes harder, not just for housing but across other parts of the debt markets (such as commercial property or credit cards) money-market funds could withdraw even further from lending to banks.
That was right before the housing markets in many parts of the country began an extraordinary boom and also a time when many banks were scrambling to get bigger in consumer finance, attracted by its promise of fat fee income, and scaling back in branch banking, which was considered low-profit and, well, boring.
"Housing was one of the fundamental parts of the Public Health Act in 1848, and here we are 150 years on still talking about housing, " he added.
But developers would be able to make a profit by expanding the housing stock in the wealthiest parts of town.
Sales were swiftest in the smaller, nicer housing estates and in the parts of Britain where the private property market was strong.
Whether the ONS will feel the same way about other schemes to support investment in housing, construction or other parts of the real economy is less clear.
In many parts of the country housing has welcomed a nascent recovery.
FORBES: How Hurricane Sandy's Aftermath Will Affect The Housing Market's Recovery
He cited signs that point to an upturn, including housing prices that are rising in parts of the country and weakening foreclosures.
Much of the city remains home to poor neighborhoods with dilapidated housing, and recent gentrification in parts of Washington has pushed some working-class residents to the outskirts of the metro area.
Germans did not get caught up in the housing and credit booms that consumed large parts of the rich world.
Put the separately listed parts of India's Housing Development Finance lender together and you'd get an entry in the top 750.
The biggest changes will take place in America and parts of Europe, where housing and stockmarket bubbles have imploded and unemployment has soared.
And it will help keep economic sectors that are going through adjustments, such as the housing market, from adversely affecting other parts of our economy.
Newcomers are attracted by the absence of state income and capital-gains taxes, cheap housing and, compared with most other parts of America, a steady stream of jobs.
Mr Sanders said a move to regionalise benefits could lead to people in welfare-dependent parts of the South West where housing costs are lower, getting less.
Yet in the late 1980s and early 1990s, many parts of the United States experienced a housing bubble followed by a bust.
The difference is the worst part of the economy with the most unemployment (housing)is really bad, while the good parts are making good money on small or no increases in revenues.
FORBES: An Unemployment Report That Screams Spectacular Failure
Many of the most desolate parts of America have terrible physical infrastructure: housing is bad, transport links are inadequate.
Transportation, workforce training, new housing and commercial development would be directed to the busiest parts of the city, while minimal services would be maintained in less populated areas.
FORBES: Detroit's Innovative Survival Plan Is A Model For The World - But Will It Work?
Much of it is in the wrong places: While vacancy rates remain high in Detroit and parts of Nevada and Florida, there are housing shortages elsewhere, such as in Silicon Valley.
The housing market is stabilizing and beginning to come back in many parts of the country.
WHITEHOUSE: President Obama Holds a Press Conference on the Economy
He also says its housing market didn't grow as much as in other parts of the country over the last five years.
What we did have was a housing bubble and collapse with the consequent falling over of large parts of the banking system.
Property businesses have been moving Roma tenants into cheap local housing in order to sell their renovated former houses in richer parts of the country.
Consumer confidence remains in the doldrums even after the central bank this month lowered interest rates to a record low 2.75%, adding to a string of rate-cuts since late 2011 designed to spur activity in weaker parts of the economy such as retail sales and housing.
From Milpitas the product can be handed off to a Flextronics factory outside of Shanghai, the housing can be fabricated in its plant in Guadalajara, and the parts can all be bolted together by the tens of thousands in Texas.
The NHS is planning to sell parts of the hospital site to developers for nursing homes and housing.
应用推荐