UK Housing Market Chart Pack Housing market recovery continues Housing market activity is rising on the back of the broader economic recovery, record low interest rates and Government interventions. While there is always the risk that the house price boom evident... 7th March 2014 · 1 min read
UK Housing Market Data Response Halifax House Prices (Feb.) The Halifax reported that house prices increased in February by more than they did over the whole of 2012. But on more stable measures price gains are not accelerating towards rates consistent with a... 6th March 2014 · 1 min read
US Housing Market Data Response Mortgage Applications (Feb. 14) The drop in mortgage applications for home purchase in February, which could be related to the introduction of new mortgage lending rules during the previous month, mean that applications are at rock... 5th March 2014 · 1 min read
UK Housing Market Update The Funding for Lending Scheme can still support mortgage lending The restrictions placed on the extension to the FLS to slow the expansion of mortgage lending will have a very limited direct impact. Lenders who did not qualify for the extension simply made heavy... 5th March 2014 · 1 min read
US Housing Market Data Response CoreLogic House Prices (Jan.) The first CoreLogic house price reading of 2014 suggests that prices started the year on a strong note. But this figure reflects supply and demand conditions from several months ago. The recent... 4th March 2014 · 1 min read
UK Housing Market Data Response Mortgage Lending (Jan. 13) Mortgage lending got off to a strong start in 2014, with another robust rise in the number of mortgages approved for house purchase. Secured lending will see further gains over the year, helped by the... 3rd March 2014 · 1 min read
UK Housing Market Data Response Nationwide (Feb.) & Land Registry (Jan.) House Prices The Nationwide and Land Registry report that house prices are continuing to grow steadily. Prices are now only 3% off their pre-crisis high according to the Nationwide, and will pass that benchmark by... 28th February 2014 · 1 min read
US Housing Market Data Response New Home Sales (Jan 14.) The strong rise in new home sales in January means that the recovery in housing market activity looks to be back on track. There is considerable scope for new home sales to rise further in 2014. 26th February 2014 · 1 min read
Nordic & Swiss Economics Update Danish mortgage market set to weather regulatory storm Denmark’s mortgage-bond market, the third largest covered bond market in the world, looks set to avoid a painful regulatory overhaul that might have weighed on the country’s recovery. 26th February 2014 · 1 min read
US Housing Market Data Response Case-Shiller Home Prices (Q4) House prices rose by a strong 11.4% during 2013 as a whole. However, prices are a lagging indicator of the health of the housing market. The more recent weakness of home sales will weigh on price... 25th February 2014 · 1 min read
UK Housing Market Update What impact will the Mortgage Market Review have on lending? The weight of evidence suggests that most mortgage lenders are already implementing the Mortgage Market Review regulations, so we doubt mortgage lending will see a sharp drop come 26th April. But the... 25th February 2014 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Jan.) The recovery in the mortgage market continued into 2014, with the largest month-on-month rise in approvals for house purchase since September. Mortgage approvals will see further gains over this year... 25th February 2014 · 1 min read
US Economics Weekly Is the housing recovery crumbling? Most of the recent weakness in housing activity is due to the unusually bad weather rather than the lagged effects of last year’s rise in mortgage rates. While higher mortgage rates have clearly taken... 24th February 2014 · 1 min read
China Economics Update Would Hong Kong benefit from higher interest rates? Concerns are mounting that higher interest rates in the US could cause Hong Kong’s economy to slow sharply. With growth picking up and with little slack in the labour market, tighter monetary policy... 21st February 2014 · 1 min read
US Housing Market Data Response Mortgage Delinquencies (Q4 13) Among the recent weather-hit housing market activity data, the further improvement in the mortgage delinquency and foreclosure picture is a timely reminder that the fundamentals of the housing market... 20th February 2014 · 1 min read
UK Housing Market Update How quickly can housebuilding return to pre-crisis levels? Housing starts are growing rapidly on the back of an improving economy and the Help to Buy scheme. But with builders already facing material and labour shortages, and the demand for new homes partly... 20th February 2014 · 1 min read
