UK Housing Market Data Response Mortgage Lending (Dec.) The growth of lending for house purchase has cooled somewhat over the last couple of months. The breakdown of the data suggest that is primarily due to lower lending to BTL investors. 31st January 2017 · 1 min read
UK Housing Market Outlook BTL to slow growth in mortgage approvals While the housing market ended 2016 in reasonable shape, house price growth has been losing steam. With prices already so high, we expect that trend to continue, with annual house price growth ending... 30th January 2017 · 1 min read
UK Housing Market Update Subdued outlook for Scottish house prices Stagnating employment growth combined with relatively loose supply conditions appear to be keeping Scottish house price growth in check. Throw in low oil prices and concerns about the impact of Brexit... 27th January 2017 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Dec.) Today’s figures from the BBA confirm that the recovery in house purchase mortgage approvals maintained its momentum through to the end of 2017. With the economy looking resilient and confidence in the... 26th January 2017 · 1 min read
US Housing Market Data Response Existing Home Sales (Dec.) Existing homes sales dropped back in December, as the lowest level of inventory since records began in 1999 weighed on activity. That shortage of homes for sale also suggests that any boost to housing... 24th January 2017 · 1 min read
India Chart Pack Attention turns to state elections Upcoming state elections in India are likely to have an important bearing on economic policy at the local level. But perhaps more significant, the outcome of the state elections could be crucial in... 23rd January 2017 · 1 min read
US Housing Market Data Response Housing Starts (Dec.) December’s jump in housing starts was driven by the volatile multifamily sector, implying that homebuilding activity may not be quite as buoyant as it initially seems. But single-family permits... 19th January 2017 · 1 min read
UK Housing Market Data Response RICS Residential Market Survey (Dec.) Despite a slight improvement in the data, stock levels remain near historic lows and look unlikely to recover soon. But given that house prices are already very high, neither the shortage of stock nor... 19th January 2017 · 1 min read
India Economics Update Decent start to 2017 Financial markets in India have made a relatively bright start to 2017. The rupee and bond yields have been stable, while equities have rallied so far in January. Looking ahead however, prospects are... 19th January 2017 · 1 min read
US Housing Market Update The wall will constrain, but not derail, housing starts As it stands, construction of the wall along the southern border is still very much on Trump’s agenda. Alongside a rise in other infrastructure spending, that is likely to worsen labour and material... 17th January 2017 · 1 min read
UK Housing Market Data Response UK House Price Index (Nov.) While the UK house price index recorded a slight rise in annual house price growth in November, recent revisions to the data have brought the index more in line with other measures. This reinforces... 17th January 2017 · 1 min read
US Economics Weekly Trump takes over Two months after his surprise election night victory, Donald Trump will be inaugurated as the 45th President of the United States this Friday. We said on election night that, more than anything else... 13th January 2017 · 1 min read
UK Commercial Property Data Response Bank of England Credit Conditions Survey (Q4) The supply of residential mortgage credit worsened a touch in the fourth quarter. But there was no sign of a drop in lenders’ risk appetite or market share objectives, suggesting that credit... 13th January 2017 · 1 min read
Australia & New Zealand Economics Weekly How much will housing help? After contributing 0.5 percentage points to the annual rate of GDP growth in Australia in each of the past two years, it looks as though dwellings investment will add almost nothing to growth this... 13th January 2017 · 1 min read
US Housing Market Update Cut in FHA mortgage insurance costs will support house prices The 25bps cut to the annual insurance premiums for mortgages backed by the FHA will offset some of the recent rise in mortgage rates. But with inventory levels very low, the primary impact of any... 11th January 2017 · 1 min read
US Housing Market Chart Pack House price growth on the rise Housing demand was given a short-term boost following Trump’s win, as some buyers brought forward a planned purchase in order to secure a low mortgage rate before they increased further. But with the... 9th January 2017 · 1 min read
