US Housing Market Data Response Mortgage Applications (Sep.) The uncertainty generated by September’s Federal Reserve meeting, combined with a drop in mortgage rates to below 4% for the first time since May, helped applications for house purchase reverse most... 7th October 2015 · 1 min read
US Housing Market Data Response CoreLogic House Prices (Aug.) House prices rose by a substantial 1.5% m/m seasonally adjusted in August according to CoreLogic. Even accounting for the fact that early estimates of house price growth on this measure tend to get... 6th October 2015 · 1 min read
UK Housing Market Data Response Halifax House Prices (Sep.) Halifax house price inflation eased back in September. And over the remainder of the year, we would expect it to move closer into line with the picture being painted by the other major indices. 6th October 2015 · 1 min read
UK Housing Market Data Response Nationwide House Prices (Sep.) House price growth picked up in September, reflecting improving demand conditions and the shortage of homes for sale. With few signs that the imbalance between buyers and sellers is closing, we expect... 30th September 2015 · 1 min read
US Housing Market Data Response Case-Shiller House Prices (Jul.) By posting a 0.5% gain during July, the national Case-Shiller index of house prices is beginning to move into line with other measures which have shown far stronger house price gains in recent months... 29th September 2015 · 1 min read
UK Housing Market Data Response Mortgage Lending (Aug.) Mortgage approvals for house purchase jumped to an 18 month high in August. While low rates and rising incomes should support mortgage demand, the lack of homes being put up for sale may curb lending... 29th September 2015 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Aug.) Mortgage approvals for house purchase picked up again in August, supported by a solid economic backdrop and record low interest rates. There are signs that banks’ willingness to grow their mortgage... 24th September 2015 · 1 min read
US Housing Market Data Response Existing Home Sales (Aug.) After three months of gains, subdued mortgage lending and low inventory levels meant existing home sales fell back in August. Those factors will weigh on sales in the short term, but as lending... 21st September 2015 · 1 min read
US Housing Market Update Fannie Mae launches new housing sentiment indicator The new Home Purchase Sentiment Index from Fannie Mae has a good track record in forecasting measures of housing market activity. While future performance may not be as impressive, the drop in... 18th September 2015 · 1 min read
US Housing Market Data Response Housing Starts (Aug.) As expected, the disruption caused by the expiry of a tax-break in New York led to a drop in housing starts in August. But with homebuilder confidence elevated and building permits already recovering... 17th September 2015 · 1 min read
UK Housing Market Update Mortgage market competition moves up a gear A number of recent developments suggest that, after a protracted period of uncertainty, confidence amongst mortgage lenders is starting to improve again. If this is sustained, the improvement in... 17th September 2015 · 1 min read
Canada Data Response Teranet-National Bank House Prices (Aug.) The rate of house price inflation rose to 5.4% in August and the elevated sales-to-new listings ratio indicates that it will accelerate to 6.0% before year end. The national average continues to be... 14th September 2015 · 1 min read
US Housing Market Update Why are home purchase mortgage applications so subdued? The first quarter’s recovery in mortgage applications for home purchase appears to have been derailed by a lack of earnings growth and the resulting deterioration in affordability. While earnings... 10th September 2015 · 1 min read
UK Housing Market Data Response RICS Survey & Halifax House Prices (Aug.) The Halifax reported a 2.7% m/m surge in house prices during August, more than reversing July’s dip. But with the price of a house growing at over three times faster than wages, we don’t think that... 10th September 2015 · 1 min read
UK Housing Market Data Response Mortgage Lenders and Administrators Statistics (Q2) Lenders are starting to adapt to new mortgage regulations, leading to a rise in both total lending and the proportion of higher loan-to-income ratio loans. But this didn’t distract banks’ attention... 8th September 2015 · 1 min read
UK Housing Market Chart Pack Imbalance between active supply and demand widens The second estimate of GDP left Q2 growth unchanged at a respectable 0.7%. And whileemployment and wage figures disappointed, strong employment intentions and an upturn in businessinvestment suggest... 4th September 2015 · 1 min read
