Canada Economics Weekly Residential investment still boosting economy Residential housing investment rebounded in the final quarter of last year and looks set to grow at an even faster pace this quarter, thanks to a surge in housing construction. While that will provide... 10th March 2017 · 1 min read
UK Housing Market Chart Pack Recovery in demand loses steam The recovery in mortgage approvals and transactions saw steady progress in January. But with surveys implying that the recovery in buyer enquiries has stalled, that recovery may not persist for long... 10th March 2017 · 1 min read
US Housing Market Update Can rising interest rates boost the housing inventory? Low interest rates help to explain the rising the number of vacant homes and the steady fall in the housing inventory in recent years. Rebuilding the inventory will take time, but higher interest... 9th March 2017 · 1 min read
UK Housing Market Data Response RICS Residential Market Survey (Feb.) Today’s survey suggests that the recovery in housing market demand has petered out. Looking ahead, with prices already very high and real wage growth slowing, a resurgence in price growth is looking... 9th March 2017 · 1 min read
US Housing Market Data Response CoreLogic House Prices (Jan.) The recent strength in house prices shows no signs of losing steam, with another strong gain in January according to the CoreLogic measure. With housing demand holding up even in the face of higher... 7th March 2017 · 1 min read
UK Housing Market Data Response Halifax House Prices (Feb.) House price growth on the Halifax index is once again cooling. And while activity seems to have picked up, the dip in real earnings growth and already high prices will keep house price inflation on a... 7th March 2017 · 1 min read
UK Housing Market Chart Pack London Housing Chart Book - Few signs of a revival London’s housing market has shown few signs of a revival over the past quarter. Transactions have dropped sharply and house price growth is on a downward trajectory. That said, with the economic... 2nd March 2017 · 1 min read
US Housing Market Data Response Mortgage Applications (Feb.) Mortgage rates and applications for refinance were essentially unchanged in February, while the drop in home purchase applications likely reflects an unwinding of the jump in mortgage demand which... 1st March 2017 · 1 min read
UK Economics Update Household Borrowing Monitor (Jan.) January’s UK money and credit figures showed that mortgage approvals have continued on their upward trend, after the lull around last year’s EU referendum, and that consumers may be becoming a little... 1st March 2017 · 1 min read
UK Housing Market Data Response Nationwide House Prices (Feb.) & Mortgage Lending (Jan.) Mortgage approvals for house purchase rose for the fifth consecutive month in January. But they are still lower than this time last year, and with house price inflation holding broadly steady at 4.5%... 1st March 2017 · 1 min read
UK Data Response Markit/CIPS Report on Manuf. (Feb.) Despite the fall in February’s Markit/CIPS manufacturing PMI, the survey still suggests that the sector carried a decent amount of momentum into 2017. However, there are signs that price rises are... 1st March 2017 · 1 min read
US Housing Market Data Response Case-Shiller House Prices (Dec.) Annual house price growth reached 5.8% in December according to Case-Shiller, the fastest pace of growth for 2½ years. With market conditions set to remain tight, as faster income growth supports... 28th February 2017 · 1 min read
US Housing Market Data Response New Home Sales (Jan.) At 3.7% m/m in January, the rise in new home sales came in slightly below expectations. Very wet weather in the West seems partly to blame. The good news is that with inventory levels improving... 24th February 2017 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Jan.) Mortgage approvals picked up at the start of 2017, supported by record low interest rates and a solid economic backdrop. But continued weakness in buy-to-let lending will temper the recovery across... 24th February 2017 · 1 min read
UK Housing Market Data Response Housebuilding (Q4 2016) Healthy levels of consumer confidence and steady economic growth encouraged housebuilders to ramp up production in Q4. And while we don’t think that pace of growth will be sustained, the outlook for... 23rd February 2017 · 1 min read
UK Housing Market Update Downsizing is not the answer to the housing market’s woes In theory, an increase in downsizing could improve housing market liquidity. But it would do nothing to fix excessively high house prices, nor would it boost the overall supply of housing. 22nd February 2017 · 1 min read
