UK Housing Market Rapid Response UK Lloyds House Prices (Jun. 2026) The modest rise in the Lloyds measure of house prices (rebranded from Halifax) in June suggests that the weak housing market may be starting to turn a corner. This will have further to go if the... 7th July 2026 · 2 mins read
UK Commercial Property Outlook Income returns to dominate as yields hold steady The rise in gilt yields following the Iran war has so far not led to any increase in property yields, and we expect investors will largely look through what will be a temporary spike in risk-free... 2nd July 2026 · 22 mins read
Europe Commercial Property Outlook Prime office outperformance to wane The limited hit to economic activity from the Iran war and our expectation that risk-free rates will fall back mean we forecast only a temporary slowdown in European commercial property value growth... 1st July 2026 · 22 mins read
UK Housing Market Rapid Response UK Nationwide House Prices (Jun. 2026) The stagnation in the Nationwide measure of house prices in June (CE -0.2%, consensus 0.0%) shows that the rise in mortgage rates triggered by the Iran war continues to weigh on the housing market... 1st July 2026 · 3 mins read
US Commercial Property Chart Pack US Commercial Property Chartpack (Q2 2026) All-property capital values ticked up slightly in Q1, reflecting the US’ relative insulation from the effects of the Iran war so far. However, we don’t think it will be totally unaffected, while we... 5th June 2026 · 0 mins read
UK Housing Market Rapid Response UK Halifax House Prices (May 2026) The modest fall in the Halifax measure of house prices in May shows that the rise in mortgage rates triggered by the Iran war continues to weigh on the housing market. 5th June 2026 · 3 mins read
UK Housing Market Rapid Response UK Nationwide House Prices (May 2026) The bigger-than-expected fall in the Nationwide measure of house prices in May brings the index more into line with the recent weakness in the alternative Halifax measure of house prices and provides... 1st June 2026 · 3 mins read
US Housing Market Update Solid apartment fundamentals remain intact despite immigration slowdown Concerns that this administration’s anti-immigration push would trigger a sharp national slowdown in apartment demand have been misplaced. While unauthorised immigration has turned deeply negative... 27th May 2026 · 4 mins read
UK Commercial Property Chart Pack UK Commercial Property Chart Pack (May 26) The risks to the commercial property market from the Iran war are increasing, and the longer risk-free interest rates remain elevated the more likely that will feed through to higher property yields... 22nd May 2026 · 1 min read
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 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
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
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
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
UK Housing Market Update How far will the Iran war push up UK homebuilding costs? A renewed rise in homebuilding construction costs due to the jump in energy prices since the start of the Iran war will only further constrain homebuilders’ profits and housing starts. This poses some... 27th April 2026 · 5 mins read
Canada Economics Update Canada Housing Watch (Apr. 2026) The housing market continued to struggle in March and the recent rebound in fixed mortgage rates, driven by the spike in oil prices, suggests that house prices will fall further in the coming months. 16th April 2026 · 4 mins read
