Canada Data Response Teranet-National Bank House Prices (Oct.) House price inflation remained at 5.6% in October and the high home sales-to-new listings ratio indicates that it might rise as high as 6.0% by the end of the year. The national average continues to... 12th November 2015 · 1 min read
US Housing Market Chart Pack Lack of inventory squeezes house prices higher Housing demand is being supported by a gradual easing in credit conditions, which helped the homeownership rate to pick-up from a 48-year low in the third quarter. But with inventory levels still very... 11th November 2015 · 1 min read
Canada Economics Weekly Even the bulls are nervous about housing now Investors who have paid attention to indicators of growing imbalances in Canada’s hot housing market over the years won’t be surprised by recent warnings of potential housing corrections from certain... 6th November 2015 · 1 min read
UK Housing Market Chart Pack Stock of homes for sale stays at record low The rate of house price growth accelerated a touch in October, in part due to the shortage of homes for sale. And while consumer confidence slipped a little on the back of weaker economic growth... 6th November 2015 · 1 min read
UK Housing Market Data Response Halifax House Prices (Oct.) According to the Halifax, house price inflation accelerated to 9.7% in October. That is a much faster rate than is currently being reported by other indices and, at more than three times the rate of... 5th November 2015 · 1 min read
US Housing Market Data Response Mortgage Applications (Oct.) Following the surge in mortgage applications for home purchase in September, due to the introduction of TRID disclosure rules, the fact that applications only dipped marginally in October is a... 4th November 2015 · 1 min read
US Housing Market Data Response CoreLogic House Prices (Sep.) Even accounting for the fact that over the past few months the first estimate of house price inflation from CoreLogic has consistently been revised down, today’s reading of a seasonally adjusted 1.3%... 3rd November 2015 · 1 min read
US Housing Market Data Response Homeownership & vacancy rates (Q3 15) A drop in the share of mortgages in foreclosure, alongside easing credit conditions which have boosted the number of first-time buyers, has helped the homeownership rate to rise from a 48-year low. 27th October 2015 · 1 min read
US Housing Market Data Response Case-Shiller House Prices (Aug.) The Case- Shiller measure of house prices showed that home values are continuing to grind higher, with the annual rate now at its highest level in almost a year. Tight supply conditions are behind the... 27th October 2015 · 1 min read
US Housing Market Data Response New Home Sales (Sep.) New home sales recorded a surprise drop of 11.5% in September. Yet new home sales data are notoriously volatile. And, given the strong performance of existing home sales in September, as well as the... 26th October 2015 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Sep.) The BBA reported a dip in mortgage approvals for both house purchase and remortgaging in September. But with economic conditions supportive, the number of buyers growing, and banks seeking to expand... 26th October 2015 · 1 min read
UK Housing Market Update What has driven the rise in buy-to-let mortgages? The buy-to-let mortgage market has grown quickly over the last few years. But the majority of that growth has come from landlords remortgaging their existing loans, rather than new buyers entering the... 23rd October 2015 · 1 min read
US Housing Market Data Response Existing Home Sales (Sep.) Existing home sales rebounded by 4.7% in September. While there are a number of factors pointing to a moderation in sales over the coming months, over the medium-term the outlook is broadly positive. 22nd October 2015 · 1 min read
Canada Data Response Teranet-National Bank House Prices (Sep.) The rate of house price inflation rose to 5.6% in September and the elevated sales-to-new listings ratio indicates that it will accelerate to 6.0% by the end of the year. The national average... 15th October 2015 · 1 min read
US Housing Market Update How tight are conditions in the rental market? On the basis of past form, the fact the rental vacancy rate has hit a 30-year low would suggest rental growth is set to surge. But the drop in the vacancy rate is being exaggerated by a rise in the... 13th October 2015 · 1 min read
Global Economics Chart Pack World economy not falling off a cliff! Disappointing payrolls data from the US, weak commodity prices and another downbeat set of business surveys have fuelled fears that global growth is collapsing. However, we continue to think these... 7th October 2015 · 1 min read
