US Housing Market Data Response Existing Home Sales (Jul. 16) A lack of inventory is constraining existing home sales, with July’s drop reversing much of the growth seen in the previous three months. Indeed, the number of existing homes for sale is now at a 15... 26th August 2016 · 1 min read
UK Housing Market Update Are rental affordability constraints starting to bite The growth rate of private residential rents has slowed in recent months, driven primarily by London. We think this is a sign that affordability constraints are starting to bite in the capital. But... 26th August 2016 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Jul.) Mortgage approvals for house purchase weakened in July, as the effect of the Brexit vote knocked confidence. And while buyer sentiment has partially rebounded, lending is set to stay weak until the... 24th August 2016 · 1 min read
US Housing Market Data Response New Home Sales (Jul. 2016) Against expectations, new home sales surged in July to reach their highest level in over eight years. But that has caused market conditions to tighten even further. And, with housing starts stalling... 23rd August 2016 · 1 min read
Canada Economics Weekly Have home sales peaked? The surge in the annual rate of house price inflation to a six-year high of 10.9% y/y in July, from 10.0%, reflected a spreading out of the housing mania beyond just Toronto and Vancouver. The recent... 19th August 2016 · 1 min read
UK Housing Market Chart Pack London Housing Chart Book - London slowdown underway With the referendum having knocked confidence, survey measures pointing to slowing economic activity and buyer numbers having fallen for six months in a row, London’s housing market is cooling. We... 19th August 2016 · 1 min read
Europe Economics Update Dutch investment growth set to slow sharply With Dutch housing investment back at pre-crisis levels, there is little scope for further strong growth. And although interest rates are at record lows, surveys suggest that firms have little need to... 17th August 2016 · 1 min read
US Housing Market Data Response Housing Starts (Jul. 16) Housing starts managed to rise modestly for the second month in a row in July, but their overall performance remains lacklustre. But with so few existing homes for sale and the labour market creating... 16th August 2016 · 1 min read
UK Housing Market Data Response Official UK House Price Index (Jun.) Today’s data point to solid house price growth ahead of the referendum. And while London lost the top spot, price growth there still recorded double-digit gains. Yet with prices already high, and the... 16th August 2016 · 1 min read
US Housing Market Update Why our house price forecast is top of the pack Our expectation for a 6% rise in house prices this year puts us in the top eight out of 105 forecasters. But with market conditions very tight, and only a small acceleration in monthly gains needed to... 15th August 2016 · 1 min read
Canada Data Response Teranet-National Bank House Prices (Jul. 16) The acceleration in national house price growth to a six-year high of 10.9% y/y in July, from 10.0%, reflects a spreading out of the housing mania beyond just Toronto and Vancouver. The most recent... 12th August 2016 · 1 min read
UK Housing Market Update Lower rates to prop up Buy-to-Let demand Lower interest rates will do little to help frustrated first-time buyers get onto the housing ladder. But they will ensure that the income returns offered by BTL investments continue to be relatively... 12th August 2016 · 1 min read
UK Housing Market Data Response RICS Residential Market Survey (Jul.) July’s RICS survey suggests that the initial shock that followed the referendum eased a little over the month. But with most readings still in negative territory, the data are signalling a slowdown in... 11th August 2016 · 1 min read
US Housing Market Chart Pack Brexit’s impact is already fading The impact of Brexit on the housing market has been short-lived and minimal. A widening in spreads meant that mortgage rates did not fall as far as Treasury yields, which have in any case since... 10th August 2016 · 1 min read
UK Housing Market Data Response CML Lending Trends (2016 Q2) Mortgage advances for house purchase picked up strongly in June. But with most of the data reflecting transactions agreed pre-referendum, these figures do not give a clean bill of health to the post... 10th August 2016 · 1 min read
US Housing Market Focus Is the rental market losing steam? Despite some signs that the rental market is losing momentum, low rental vacancy rates and the prospect of stronger growth in average hourly earnings mean that investors in residential real estate can... 8th August 2016 · 1 min read
