UK Commercial Property Valuation Monitor

UK Commercial Property Valuation Monitor (Q1 26)

Property valuations saw a further small improvement in Q4 as alternative asset yields edged back. Looking ahead, steady property yields and a further decline in the 10-year gilt yield will help nudge...

11th February 2026 · 1 min read

US Housing Market Update

Buy versus rent dynamics favour apartment markets in the Midwest and New York State

The large cost gap between buying and renting today underpins our upbeat national apartment demand forecast. Applying the same logic at the city level, demand in Midwestern and New York State metros...

10th February 2026 · 5 mins read

Europe Commercial Property Update

Q4 RICS survey highlights weakness in German and French markets

The Q4 RICS survey pointed to a largely stable euro-zone commercial property market at the end of last year. However, there were marked differences between prime and secondary assets as well as within...

10th February 2026 · 2 mins read

APAC Commercial Property Update

RICS survey shows APAC sentiment on an uptrend

The Q4 RICS Commercial Property Survey showed sentiment for Asia-Pacific stayed on an uptrend, though it hasn’t yet turned positive. Mainland China remained a significant drag on the region, while...

10th February 2026 · 3 mins read

US Commercial Property Update

Q4 RICS survey shows US real estate market well into recovery phase

The latest RICS survey showed that US commercial real estate is now well into the recovery phase, with improvements across the occupier and investment indicators. Rental expectations are therefore...

9th February 2026 · 3 mins read

Canada Economics Weekly

Housing could take a while to thaw

The local real estate board data for January shows that the housing market is still struggling, and we probably can’t blame it all on the weather. Meanwhile, the large fall in the unemployment rate...

6th February 2026 · 4 mins read

UK Commercial Property Update

A strong Q4 doesn’t mean UK commercial property investment is set to boom

Commercial property investment hit a record high in Q4, but we doubt that signals the start of a strong recovery. Admittedly, a fall in financing costs will give transactions something of a boost in...

6th February 2026 · 4 mins read

UK Housing Market Rapid Response

UK Halifax House Prices (Jan. 2026)

The 0.7% m/m rebound in the Halifax measure of house prices in January suggests the housing market started 2026 on a stronger footing than the 0.3% m/m rise on the Nationwide index implied. We think...

6th February 2026 · 3 mins read

Canada Economics Focus

Will the build-to-rent boom turn to bust?

The boom in build-to-rent (BtR) housing starts to record highs, despite the immigration crackdown and accompanying fall in rents on new leases, reflects the significant expansion of government support...

5th February 2026 · 15 mins read

UK Commercial Property Rapid Response

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

The headline CIPS construction PMI leapt to 46.4 in January, a level broadly in line with September 2025 after three particularly weak months at the end of 2025. Nevertheless, that kept the index in...

5th February 2026 · 1 min read

APAC Commercial Property Valuation Monitor

APAC Commercial Property Valuation Monitor (Q1 2026)

Asia-Pacific valuation scores worsened in Q4 as bond yields rose across markets while property yields held flat. As we expect risk-free rates to remain high, all-property valuations are likely to stay...

5th February 2026 · 1 min read

UK Housing Market Update

Higher LTI ratios to boost UK mortgage lending

By allowing mortgage lenders to lend more for any given level of borrowers’ income, the relaxation of the cap on high loan-to-income lending last year suggests gross mortgage lending will rise faster...

4th February 2026 · 3 mins read

US Housing Market Rapid Response

US Mortgage Applications (Jan. 2026)

The large 8% rise in home purchase mortgage applications in January lifted them to their highest level in three years and is consistent with existing home sales rising to around 4.5m annualised over...

4th February 2026 · 2 mins read

Europe Commercial Property Update

Lending conditions improving, but refinancing challenges to persist

Survey data point to an improving commercial real estate lending environment in H1 this year. This will support investment activity, though our updated estimates suggest refinancing challenges will...

4th February 2026 · 2 mins read

Europe Economics Update

ECB Bank Lending Survey (Q4 2025)

The ECB’s Q4 Bank Lending Survey, published this morning, suggests that banks have become more cautious about lending to companies while consumers remain reluctant to spend. It also showed that the...

3rd February 2026 · 3 mins read