US Housing Market Data Response CoreLogic House Prices (Aug.) The increase in the CoreLogic measure of house prices in August, although barely half the average monthly gain of 2012 and 2013, suggests that the housing market is putting the soft patch in prices... 7th October 2014 · 1 min read
UK Housing Market Data Response Bank of England Credit Conditions Survey (Q3) Credit availability contracted in both the commercial and residential sectors in the third quarter, with mortgages seeing a particularly severe decline. But while lenders expect the availability of... 7th October 2014 · 1 min read
Canada Economics Weekly Housing bubble unlikely to prompt a rate hike Housing bubble fears have prompted some commentators to suggest that the Bank of Canada should hike interest rates before it's too late. But since the Bank doesn't typically target asset price... 6th October 2014 · 1 min read
UK Housing Market Chart Pack UK Housing Market Monthly The cooling in housing demand seen over the past few months is now feeding through into weaker house price gains. But mortgage lending and activity should begin to recover towards the end of the year... 3rd October 2014 · 1 min read
UK Housing Market Update Financial Policy Committee sets out new powers over mortgage lending The FPC has requested additional powers over loan-to-value and debt-to-income ratios, which will include buy-to-let lending. But with the housing market now cooling, and limits on high loan-to-income... 2nd October 2014 · 1 min read
China Economics Focus Property to remain a drag despite looser mortgage controls Those hoping that a loosening of mortgage controls, announced by the People’s Bank yesterday, will set the stage for a recovery in the property sector are likely to be disappointed. Relatively tight... 1st October 2014 · 1 min read
US Housing Market Data Response Mortgage Applications (Sep.) The decline in mortgage interest rates to a 15-month low is doing little to revive mortgage applications. But this measure of mortgage market activity does not sit comfortably with some others, which... 1st October 2014 · 1 min read
US Housing Market Data Response Case-Shiller House Prices (Jul.) The marginal rise in house prices in July, which did no more than reverse the previous month’s decline, supports our view that house price inflation will slow to 4% y/y by the end of this year. 30th September 2014 · 1 min read
UK Housing Market Data Response Nationwide House Prices (Sep.) The Nationwide reported that house prices fell for the first time in 17 months in September, providing further evidence of a cooling housing market. With other forward looking indicators also weak... 30th September 2014 · 1 min read
US Housing Market Outlook House price inflation will slow further Loosening mortgage credit conditions, decent jobs gains and accelerating wage growth will help home sales rise over the next 12 months. But the improvement in selling conditions is also tempting... 29th September 2014 · 1 min read
UK Housing Market Data Response Mortgage Lending (Aug.) The number of mortgages approved for house purchase dropped once again in August. Housing demand is cooling on the back of high house prices, but as price gains moderate and real earnings pick up... 29th September 2014 · 1 min read
UK Housing Market Data Response Land Registry Repeat Sales Index (Aug.) The large 1.0% m/m rise in house prices in August reported by the Land Registry reflects tight market conditions in the spring. But forward looking indicators continue to point to a cooling in housing... 26th September 2014 · 1 min read
US Housing Market Data Response New Home Sales (Aug.) The increase in new home sales to a six-year high in August suggests that looser credit conditions and strengthening economic activity are finally giving households the confidence to purchase a new... 24th September 2014 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Aug.) The main high street banks cut the number of mortgages approved for house purchase for the second month in a row in August, to their lowest level in a year. Weak housing demand argues against a... 23rd September 2014 · 1 min read
US Housing Market Data Response Existing Home Sales (Aug.) The decline in existing home sales in August hints at a vulnerability in the recovery in sales activity – it’s built on higher than normal levels of cash buyers and investors. These groups took a step... 22nd September 2014 · 1 min read
US Economics Weekly Private sector debt growth accelerates Private sector debt growth accelerated in the second quarter, as both household and business borrowing increased at a healthy pace. Nevertheless, debt growth is still running at a slower pace than... 19th September 2014 · 1 min read
