UK Housing Market Update Do revisions to the National Accounts alter the housing market picture? This September, changes to how pensions are measured in the National Accounts will trigger a large upwards revision to the household saving ratio. But while that will make the long-term financial... 21st May 2014 · 1 min read
Canada Economics Weekly Housing correction only a matter of timing While the recent strength of Canada's housing market has been astounding, the regional breakdown reveals that it has begun to fray at the edges. With house prices already declining in some smaller... 19th May 2014 · 1 min read
UK Housing Market Data Response Housing Starts (Apr.) The strong rise in housing starts in April will ease fears that the recent soft patch in housing market activity will turn into an extended slowdown. 16th May 2014 · 1 min read
China Data Response Hong Kong GDP (Q1 14) Hong Kong’s economy slowed sharply in Q1, due to a slump in exports. However, the slowdown is likely to prove temporary, and we expect growth to rebound over the coming quarters as the global economic... 16th May 2014 · 1 min read
US Housing Market Data Response Mortgage Delinquencies (Q1 14) Last year’s rise in mortgage interest rates may have dented home sales and housing starts, but it has not dented the downward trend in the number of US households suffering mortgage payment problems... 15th May 2014 · 1 min read
UK Housing Market Data Response Housebuilding (Q1 14) Private housing starts have made a very strong start to the year. Unfortunately, various constraints suggest that this pace of growth will be difficult to sustain. 15th May 2014 · 1 min read
UK Housing Market Data Response CML Lending Trends (2014 Q1) Advances for house purchase to first-time buyers and buy-to-let investors are growing at a similar robust pace. But first-time buyers are entering the market by borrowing record amounts in comparison... 15th May 2014 · 1 min read
UK Housing Market Chart Pack Housing market sending out mixed messages There were further indications that housing market activity is at least no longer accelerating in April, with mortgage approvals dropping for the second consecutive month and some measures of house... 14th May 2014 · 1 min read
Canada Data Response Teranet-National Bank House Prices (Apr.) Although the Teranet measure of house price inflation ticked up to 4.9% in April, from 4.6%, the earlier decline in existing home sales suggests some moderation in house price gains this year. Our... 14th May 2014 · 1 min read
US Housing Market Update Positive signs on home sales and mortgage lending Fed Chair Janet Yellen expressed worries about the resilience of the housing recovery in her testimony to Congress last week. But the recent sales and mortgage lending figures have been more... 12th May 2014 · 1 min read
UK Economics Focus Can the Financial Policy Committee cool the housing market? The FPC has a number of policy tools at its disposal should it decide it needs to cool the housing market. Provided it acts with sufficient conviction, there is every chance that the new tools will... 12th May 2014 · 1 min read
UK Housing Market Focus Can the Financial Policy Committee cool the housing market? The FPC has a number of policy tools at its disposal should it decide it needs to cool the housing market. Provided it acts with sufficient conviction, there is every chance that the new tools will... 12th May 2014 · 1 min read
Global Economics Update How will the US and UK housing markets affect growth? House price developments have raised concerns on both sides of the Atlantic recently. The worry is that the housing market may be overheating in the UK but cooling in the US. For now, though, we don’t... 9th May 2014 · 1 min read
UK Housing Market Focus What will the pension changes mean for the housing market? The changes to the pension system due to come into effect next year will impact the economy in a variety of ways. But while it may lead to some rise in the demand for homes as retirees search for... 9th May 2014 · 1 min read
UK Housing Market Data Response Halifax House Prices & RICS Survey (Apr.) Halifax reported that house prices fell marginally for the second consecutive month in April. However, the RICS survey offered little encouragement that these falls are about to usher in a period of... 8th May 2014 · 1 min read
US Housing Market Data Response Mortgage Applications (Apr.14) The rise in mortgage applications for home purchase in April, alongside the recent pick-up in the Fed’s measure of the value of residential mortgage lending, are encouraging signs that mortgage... 7th May 2014 · 1 min read
