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

Global Commercial Property Chart Pack

Global Commercial Property Chartpack (Q1 2026)

The rise in economic uncertainty and market interest rates because of the Iran war will weigh on property market activity in the first half of the year. However, under our baseline scenario (in which...

13th April 2026 · 0 mins read

UK Commercial Property Rapid Response

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

The headline CIPS construction PMI saw a surprising tick higher in March. But with the input price index climbing precipitously and new orders and future business expectations dropping back, it’s...

8th April 2026 · 2 mins read

UK Housing Market Rapid Response

UK Halifax House Prices (Mar. 2026)

The fall in the Halifax measure of house prices in March chimes with the renewed drop in buyer sentiment in February’s RICS housing market survey. As the Halifax index is based on mortgage approvals...

8th April 2026 · 3 mins read

Global Property Outlook

Iran war’s property impact will be small and short-lived

Given the fast-moving nature of events in Iran and the Strait of Hormuz, this global publication brings together our updated residential and commercial property market analysis and forecasts. It...

1st April 2026 · 23 mins read

Europe Commercial Property Update

Affordability of renting vs buying a tailwind for rental demand

The comparative affordability of renting versus owner-occupation is one factor that we expect to support rental demand across most European markets in the coming years, especially in the German...

19th March 2026 · 2 mins read

Canada Economics Update

Canada Housing Watch (Mar. 2026)

There is no relief in sight for the troubled housing market, with the spike in global oil prices likely to push up mortgage rates in the coming weeks. That has led us to downgrade our forecast for...

17th March 2026 · 4 mins read

US Commercial Property Update

Changing living costs key for remote worker migration

Nashville has reclaimed top spot in our ranking of the attractiveness to remote workers of 52 US metros. Its continued dominance owes much to its relatively low cost of living, a factor that has...

16th March 2026 · 4 mins read

UK Housing Market Rapid Response

UK Halifax House Prices (Feb. 2026)

The 0.3% m/m rise in the Halifax measure of house prices in February provides further evidence that the recent improvement in the housing market has continued. We think housing will pick-up further...

6th March 2026 · 3 mins read

UK Commercial Property Rapid Response

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

The headline CIPS construction PMI fell to 44.5 in February, reversing some of the gain made in January and leaving the index firmly in contractionary territory.

5th March 2026 · 1 min read

UK Commercial Property Outlook

UK Commercial Property Outlook: Stable yields mean steady returns

Property yields saw no movement in 2025 and we expect that stability to continue over the next few years. We think the 10-year gilt yield will see a small fall to around 4.25% by the end of 2026, but...

27th February 2026 · 26 mins read