Australia & New Zealand Economics Weekly Persistence in shelter inflation will keep RBA on edge With inflation once again surprising to the upside of its expectations, the Reserve Bank of Australia will almost certainly raise interest rates at its meeting next week. Moreover, much to the Bank’s... 29th January 2026 · 4 mins read
UK Housing Market Update Cap on ground rents unlikely to bring flats back into favour The £250 a year cap on ground rent charges announced by the Prime Minister on Tuesday will lower the running costs for some owner-occupiers and private landlords of leasehold homes, particularly flats... 27th January 2026 · 3 mins read
UK Housing Market Outlook Looser lending standards to boost activity and prices Despite the recent increase in the supply of homes on the market, we think the combination of looser lending standards, further falls in mortgage rates and decent wage growth will allow housing... 26th January 2026 · 17 mins read
UK Commercial Property Chart Pack UK Commercial Property Chart Pack (Jan. 26) Stable yields over 2025 led to a gradual slowdown in capital value growth to 1.4% y/y by the end of the year. And with yields set to see little movement over the next few years, we expect total... 23rd January 2026 · 1 min read
UK Commercial Property Update Slowing demand means UK industrial property will underperform A weak economic outlook, increased efficiency of new buildings and worsening affordability are all weighing on demand for industrial assets, which has fallen to a 15-year low according to RICS. That... 15th January 2026 · 4 mins read
UK Housing Market Update UK RICS Residential Market Survey (Dec. 2025) The continued weakness in buyer sentiment, the further rise in the supply of homes for sale and the softening in rental demand recorded by the RICS survey in December implies that the risks to our... 15th January 2026 · 3 mins read
US Housing Market Outlook Trump's affordability push to have limited success President Trump’s proposals to improve housing affordability are not enough to move the dial, which would require a sustained decline in mortgage rates. Unfortunately, our positive outlook for the... 14th January 2026 · 11 mins read
Europe Commercial Property Update Our key calls for 2026 The recovery in European commercial property values is set to slow this year given the soft economic growth backdrop and elevated interest rates. Our forecast for euro-zone all-property total returns... 7th January 2026 · 3 mins read
US Commercial Property Apartment Metros Outlook D.C. & Miami remain bottom of the apartment rankings The apartment market appears to have turned a corner, with the national vacancy rate stabilizing in recent quarters as new supply moderates, which we expect will restore some pricing power to building... 6th January 2026 · 7 mins read
US Commercial Property Office Metros Outlook Plenty of rent gains left in top southern office markets The office sector may be turning a corner, but there remain big differences in metro performance. Southern metros look set to dominate the winners, with Austin, Miami and Dallas coming out on top for... 30th December 2025 · 7 mins read
UK Housing Market Chart Pack UK Housing Market Chart Pack (Dec. 2025) While housing activity and prices have been resilient to uncertainty ahead of the Budget and the subdued economic backdrop, there are few signs of a post-Budget rebound in buyer sentiment. If... 17th December 2025 · 1 min read
UK Commercial Property Chart Pack UK Commercial Property Chart Pack (Dec. 25) Rental growth has ended the year on a strong note, but with yields stable total returns are beginning to ease from their recent level of around 8% y/y. And with yields set to see little movement over... 17th December 2025 · 1 min read
Canada Economics Update Canada Housing Watch (Dec. 2025) The housing market weakened in November, with sales activity and house prices both recording declines. Even so, the further improvement in the sales-to-new-listing ratio raises our confidence that... 15th December 2025 · 4 mins read
UK Commercial Property Update IPF UK Commercial Property Consensus Forecasts (Dec. 25) The December IPF consensus survey forecasted all-property total returns of 7.8% p.a. over 2025-29, more-or-less unchanged from September. Indeed, the total return forecast has been stable for all of... 12th December 2025 · 3 mins read
UK Housing Market Update UK RICS Residential Market Survey (Nov. 2025) Despite three quarters of the survey responses being gathered after the Budget, November’s RICS survey suggests buyer sentiment fell further in November even though actual housing activity and prices... 11th December 2025 · 3 mins read
UK Commercial Property Outlook UK Commercial Property Outlook: Higher gilt yields and taxes to weigh on recovery With the 10-year gilt yield now set to be higher for longer and the Budget likely to raise taxes on households, the outlook for commercial property has become a bit gloomier. We now expect total... 25th November 2025 · 26 mins read
