Europe Commercial Property Update Portuguese retail to lead the euro-zone We anticipate further yield falls for prime Portugal retail assets over the rest of the year. And with robust economic fundamentals and a solid rental outlook we forecast Portugal to be one of the... 9th July 2025 · 3 mins read
US Housing Market Rapid Response US Mortgage Applications (June 2025) The rise in purchase mortgage applications in June supports our view that transactions will pick up in the second half of the year, even if they remain depressed by historical standards. 9th July 2025 · 1 min read
Event Asia Drop-In: Hong Kong commercial property – How much more pain ahead? 1753948800 One of the most striking calls in our new Asia-Pacific commercial property coverage is the scale of the downturn we still expect for Hong Kong, with all-property capital values set to fall by more
US Commercial Property Apartment Metros Outlook US Apartment Metros Outlook: Houston apartment market set for lift-off The size and speed of the apartment market recovery will vary widely across the 17 metros we cover over our five-year forecast. Southern markets are generally set to outperform, backed by strong... 8th July 2025 · 7 mins read
UK Housing Market Update Slower UK house price growth in 2025, bigger rebound in 2026 The continued weakness in the housing market over the first six months of this year and the cracking labour market means we now expect the recovery in house prices to start later and be slower. But... 8th July 2025 · 3 mins read
UK Housing Market Rapid Response UK Halifax House Prices (Jun. 2025) The stagnation in the Halifax house price index in June suggests that the housing market remains slow to recover from both the rise in stamp duty on 1st April and the weak economy. While there are... 7th July 2025 · 2 mins read
UK Commercial Property Rapid Response S&P Global/ CIPS UK Construction PMI (Jun. 25) The headline CIPS construction PMI rose for the fourth consecutive month in June to 48.8, a six-month high. 4th July 2025 · 1 min read
UK Housing Market Chart Pack UK Housing Market Chart Pack (Jul. 2025) The big 0.8% m/m fall in Nationwide house prices in June suggests that the housing market is still struggling to recover from both the stamp duty-induced lull and the weak economy. While some leading... 3rd July 2025 · 1 min read
Europe Economics Update Spanish house prices will continue to climb High income growth and immigration are likely to continue to drive increases in house prices in Spain over the coming years. Demand will be further boosted by the recent fall in mortgage interest... 3rd July 2025 · 4 mins read
Australia & New Zealand Economics Update Stretched affordability will limit housing rebound The fact that the RBA isn’t cutting interest rates during a housing downturn won’t limit the rebound in house prices, but the extremely stretched level of affordability will do so. Even though we... 3rd July 2025 · 3 mins read
APAC Commercial Property Update Six key calls for Asia-Pacific Commercial Real Estate We are forecasting a slower recovery in APAC real estate markets than in any other cycle, the extent of which would also make the region a global laggard. Within the region, we also expect a further... 2nd July 2025 · 3 mins read
UK Commercial Property Update Household savings to support UK spending and retail rents Real household disposable income growth is now slowing, but we still expect household consumption will accelerate to around 1.8% y/y on average over 2025-27 as households start to run down the savings... 2nd July 2025 · 3 mins read
Global Commercial Property Chart Pack Global Commercial Property Chartpack (Q2 2025) The gradual recovery in property values underway in Europe is unlikely to be pushed off track by tariff developments this year, but we think values still have further to fall in the US and APAC as... 2nd July 2025 · 1 min read
China Economics Update Presales ban wouldn’t support home prices much China is moving toward ending its decades-old system of “presales” for newly-built residential property. This would reduce risks for homebuyers. But hopes that the change would provide a material... 1st July 2025 · 6 mins read
UK Housing Market Rapid Response UK Nationwide House Prices (Jun. 2025) The large fall in the Nationwide measure of house prices in June shows that the housing market is still struggling to recover from the combination of the stamp duty induced lull and the subdued... 1st July 2025 · 3 mins read
Australia & New Zealand Economics Update Australia's housing rebound has further to run House prices rose the most since last year in June and with the RBA set to cut interest rates much further, the housing market will continue to gain momentum. However, affordability will remain quite... 1st July 2025 · 3 mins read
