UK Commercial Property Update Residential assets have a bright future Tight supply means residential assets will see the strongest rental growth of all sectors over the next few years. And, with the costs of maintaining a home rising, house price expectations subdued... 13th May 2026 · 4 mins read
UK Housing Market Update Big falls in nominal house prices unlikely, even in adverse scenario Despite its recent resilience, house price growth will probably slow over the coming months as the drag from higher mortgage rates triggered by the Iran war continues to grow. But big outright falls... 13th May 2026 · 5 mins read
UK Commercial Property Valuation Monitor UK Commercial Property Valuation Monitor (Q2 26) Property valuations saw little movement in Q1 with property and alternative asset yields holding steady. Looking ahead, the Iran war has pushed up yields on alternative assets so valuations will... 12th May 2026 · 1 min read
Canada Chart Pack Canada Chart Pack (May 2026) In our baseline scenario, WTI averages $80pb over the second half of the year. This will boost GDP growth slightly and keep headline inflation above 2.5% in the coming months. But the backdrop of weak... 12th May 2026 · 1 min read
US Housing Market Rapid Response US Existing Home Sales (Apr. 2026) The barely changed level of existing home sales in April shows how elevated mortgage rates and economic uncertainty are dissuading homebuying. With the full impact of the recent rise in borrowing... 11th May 2026 · 2 mins read
Canada Economics Weekly Signs of stability rather than green shoots for housing The local real estate board data for April were encouraging, with sales rebounding across the major cities and prices stabilising in Toronto after a long stretch of declines. Nonetheless, with the... 8th May 2026 · 5 mins read
US Commercial Property Update Non-bank CRE lending growing, but not a systemic risk As large banks have pulled back in recent years, non-bank lenders have accounted for an increasing share of CRE debt originations. While insurers’ lending has been conservative, debt funds and other... 8th May 2026 · 5 mins read
UK Housing Market Rapid Response UK Halifax House Prices (Apr. 2026) The small fall in the Halifax measure of house prices in April suggests the housing market has been less resilient to the jump in mortgage rates triggered by the Iran war than the alternative... 8th May 2026 · 3 mins read
Global Commercial Property Update Student housing investment set to diversify Investment in student accommodation appears to be turning a corner after several lean years. Demand fundamentals are expected to support a further recovery over the next decade, though geographic... 7th May 2026 · 4 mins read
UK Commercial Property Rapid Response S&P Global/CIPS UK Construction PMI (Apr. 26) The headline CIPS construction PMI fell by nearly 6%-pts in April to 39.7, its lowest reading since November. Meanwhile, the input prices index again climbed sharply, reaching 81.4, now more than 20%... 7th May 2026 · 2 mins read
Australia & New Zealand Economics Update Higher energy prices will lift building costs On their own, the recent surge in crude oil prices could lift construction costs by around 4%. However, the bigger picture is that in contrast to the previous energy shock in 2022, conditions in... 7th May 2026 · 3 mins read
UK Commercial Property Rapid Response Lending to UK commercial property (Mar. 26) Net lending to commercial property rose sharply in March, reaching £2.5bn. Given that was the first full month following the start of the Iran war, on first glance the strength of the data come as a... 1st May 2026 · 2 mins read
UK Housing Market Rapid Response UK Nationwide House Prices (Apr. 2026) The surprisingly strong rise in the Nationwide measure of house prices in April shows that house prices have continued to gain momentum despite the falls in consumer confidence and the rise in... 1st May 2026 · 2 mins read
Australia & New Zealand Economics Update The worst is yet to come for Australia’s housing market Australian house prices all but ground to a halt last month. And with affordability set to deteriorate further in the near term, we expect house prices to fall outright before long. Much to the RBA’s... 30th April 2026 · 4 mins read
UK Commercial Property Update RICS survey points to higher UK property yields from Iran war The Q1 RICS survey showed surveyors don’t expect the Iran conflict to have an impact on occupier demand across any of the major sectors. That said, there was a deterioration in capital value... 30th April 2026 · 3 mins read
UK Commercial Property Update Multifamily build-to-rent supply to recover from 2028 High financing and construction costs, combined with significant delays from the Building Safety Act, meant multifamily build-to-rent completions saw a 28% y/y decline in 2025. A thin pipeline... 29th April 2026 · 4 mins read
