US Housing Market Data Response Mortgage Applications (Aug.) The drop in interest rates triggered by the market turmoil of the past couple of weeks has given a boost to refinancing activity. Applications for home purchase have been more sluggish, but with... 2nd September 2015 · 1 min read
US Housing Market Data Response CoreLogic House Prices (Jul.) CoreLogic report that house prices saw a very large rise of 1.5% seasonally-adjusted in July, pushing the annual rate to a 12-month high. Tight market conditions are driving house prices higher, a... 1st September 2015 · 1 min read
UK Housing Market Data Response Mortgage Lending (Jul.) Mortgage lending rose in July, as low mortgage rates and a strengthening economy boosted housing demand. But there is still a long way to go before lending can be considered to have recovered fully... 1st September 2015 · 1 min read
UK Data Response Markit/CIPS Report on Manuf. (Aug.) & Money and Credit (Jul.) August’s Markit/CIPS report on manufacturing showed that the strong pound is crimping exporters and so suggests that the major support net trade provided to GDP growth in Q2 will be a blip. But there... 1st September 2015 · 1 min read
UK Housing Market Data Response Land Registry Repeat Sales Index (Jul.) Even allowing for the usual monthly volatilty , this is a strong set of numbers from the Land Registy . A lack of homes for sale, coupled with rising demand, is driving prices higher. 28th August 2015 · 1 min read
UK Housing Market Data Response Nationwide House Prices (Aug.) Nationwide reported a softening in house price growth for August, with the annual rate falling from 3.5% to 3.2%. But with supply conditions still tight, as well as economic and mortgage market... 27th August 2015 · 1 min read
UK Housing Market Focus Why is the stock of homes for sale so low? Record low interest rates have boosted house prices and cut returns on other assets. That in turn has encouraged homemovers to either rent out their old home, or just keep it empty. Alongside a... 26th August 2015 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Jul.) Mortgage approvals for house purchase rose again in July, supported by low interest rates and rising credit availability. But while activity will continue tostrengthen, the pace of growth will be... 26th August 2015 · 1 min read
US Housing Market Data Response Case-Shiller Prices / New Home Sales (Jun./Jul.) New home sales reversed part of June’s sharp fall in July, and alongside a surge in existing sales that has led to the tightest market conditions in a decade. Surprisingly, those tight conditions have... 25th August 2015 · 1 min read
UK Housing Market Update Why are homes becoming more expensive to build? Official statistics show that the real cost of constructing a home has essentially doubled over the past 10 years. That could indicate that homes are now much better quality than in the past, but it... 21st August 2015 · 1 min read
US Housing Market Data Response Existing Home Sales (Jul.) Against expectations, existing home sales rose once again in July, to their highest level since the start of 2007. But with the months’ supply of existing homes dropping to its lowest level in a... 20th August 2015 · 1 min read
UK Housing Market Data Response Housebuilding (Q2) Housing starts fell sharply in Q2, reversing more than half of Q1’s gains. Production constraints related to labour and material shortages are still holding back activity. Over time, housing starts... 20th August 2015 · 1 min read
US Housing Market Data Response Housing Starts (Jul.) The recovery in housing starts continues, as builders respond to improving demandfor new-build homes. The expiry of a tax-break in New York City has distorted thebuilding permit data but other leading... 18th August 2015 · 1 min read
US Housing Market Data Response Mortgage Delinquencies (Q2) The share of mortgage borrowers having trouble with repayments dropped again in the second quarter, thanks to low mortgage rates, rising house prices and a solid labour market. That progress should... 13th August 2015 · 1 min read
Canada Data Response Teranet-National Bank House Prices (Jul.) Although the rate of house price inflation remained at 5.1% in July, the recent rebound in the home sales-to-new listings ratio indicates that it may yet accelerate to 6.0%. This mainly the strength... 12th August 2015 · 1 min read
Canada Economics Update Housing construction boom likely to end in bust The latest housing start figures don't fully reflect the relatively stronger pace of building permits, an indication that home building may accelerate further in the near-term, even as signs point to... 11th August 2015 · 1 min read
