UK Housing Market Rapid Response

UK Lloyds House Prices (Jul. 2026)

The stagnation in the Lloyds measure of house prices (recently rebranded from Halifax) in July chimes with the message from the alternative Nationwide house price index that high mortgage rates...

7th August 2026 · 3 mins read

UK Commercial Property Valuation Monitor

UK Commercial Property Valuation Monitor (Q3 26)

Property valuations improved in Q2 as the 10-year gilt yield edged down and property yields saw little movement. Given our expectation that the 10-year gilt yield will drop to 4.5% by the end of 2026...

6th August 2026 · 1 min read

Global Commercial Property Update

AI will boost office demand in tech hubs as long as the bubble lasts

We expect AI firms to drive office demand in key tech hubs as they expand and compete for top talent, although this exposure heightens the downside risk for the least diversified tech markets if we...

6th August 2026 · 6 mins read

UK Commercial Property Rapid Response

S&P Global/CIPS UK Construction PMI (July 26)

There was a sharp rebound in the construction PMI in July, with the headline measure bouncing back to 44.7, not far off its average level in the first three months of the year. However, although we...

6th August 2026 · 1 min read

Europe Commercial Property Valuation Monitor

Europe Commercial Property Valuation Monitor (Q3 2026)

Commercial property valuations improved in Q2 as alternative asset yields fell and property yields edged slightly higher. While rises in government bond yields so far in Q3 will be a drag, we expect...

5th August 2026 · 0 mins read

RBA Watch

RBA’s next move will be down, but not until H2 2027

We expect the RBA to leave rates on hold at its August meeting. Although the Bank is likely to continue talking tough on inflation for a while, we don’t think it will go so far as to raise rates again...

4th August 2026 · 8 mins read

Australia & New Zealand Chart Pack

ANZ Chart Pack (August 2026)

Our ANZ Chart Pack has been updated with the latest data and our analysis of recent developments. Data released over the past month showed that Australia's labour market, housing market, and...

3rd August 2026 · 1 min read

Australia & New Zealand Economics Update

Housing downturn will prevent further rate hikes

Australian house prices kept falling at a rapid pace in July. With affordability still very stretched and leading indicators flashing red, the downturn has much further to run.

3rd August 2026 · 3 mins read

UK Housing Market Rapid Response

UK Nationwide House Prices (Jul. 2026)

The small 0.1% m/m rise in the Nationwide measure of house prices in July shows that higher mortgage rates since the start of the Iran war continued to constrain house price growth. And with the...

31st July 2026 · 2 mins read

Australia & New Zealand Economics Weekly

RBA is done hiking rates

Underlying inflation in Q2 didn’t pick up nearly as much as the RBA had expected. Although the path to disinflation is likely to be bumpy, we think the Bank will judge policy sufficiently restrictive...

31st July 2026 · 5 mins read

UK Commercial Property Update

RICS survey implies risk of UK commercial property capital value falls is declining

The Q2 RICS survey showed little change from the previous quarter, although a rise in capital value expectations suggests the impact of the Iran war on yields is now projected to be smaller. Overall...

30th July 2026 · 3 mins read

US Commercial Property Office Metros Outlook

NOI growth to be key driver of winning and losing office markets

The Southern metros are set to dominate the fastest-growing markets in terms of occupancy and rent growth with Miami, Dallas and Houston the top three markets in our rankings of NOI growth over 2026...

30th July 2026 · 6 mins read

UK Housing Market Update

Reintroducing Help to Buy wouldn’t solve housing’s problem

While a new Help to Buy scheme would stimulate homebuilding in the near term, it’s not a sustainable solution to low housing supply. The government would be better off easing some of the structural...

29th July 2026 · 3 mins read

UK Economics Rapid Response

UK Money & Lending (Jun. 2026)

June’s money and lending figures show that the near-term outlook for the housing market remains weak, households may be funding some of the decent spending in June by lowering their saving rate, and...

29th July 2026 · 3 mins read

UK Commercial Property Rapid Response

Lending to UK commercial property (June 26)

Net lending to commercial property totalled just £47mn in June, the lowest outturn since March 2024 and consistent with the slowdown in investment activity in Q2 on the back of uncertainty caused by...

29th July 2026 · 1 min read