US Housing Market Data Response Existing Home Sales (Feb.14) The slight decline in existing home sales in February was the sixth drop in seven months. However, sales of non-distressed existing homes are doing much better. 20th March 2014 · 1 min read
UK Housing Market Update Help to Buy equity loans – what have they achieved? Help to Buy equity loans have proved very popular, but their direct impact on the housing market recovery has been overstated. The extension to the scheme will give housebuilders the confidence to... 19th March 2014 · 1 min read
US Housing Market Data Response Housing Starts (Feb.14) Continued unseasonably severe weather, as well as a shortage of lots, kept housing starts subdued in February. But the size of the shortfall between starts and household formation means that... 18th March 2014 · 1 min read
US Housing Market Update What is the downside scenario for the housing market? The biggest risk facing the US housing market is that higher mortgage interest rates and tight credit conditions prevent a recovery in mortgage demand, meaning that mortgage-dependent buyers do not... 13th March 2014 · 1 min read
UK Housing Market Data Response RICS Residential Market Survey (Feb.14) The RICS housing market survey provides some hope that housing demand is not running out of control. But there is still an acute lack of homes available for sale, and that will put further upwards... 13th March 2014 · 1 min read
Canada Data Response Teranet-National Bank House Prices (Feb.) The further acceleration in house price inflation to 5.0% in February, from 4.5% in the previous month, mainly reflects tighter supply and demand conditions. The drop in existing home sales since then... 12th March 2014 · 1 min read
US Housing Market Chart Pack Loosening supply conditions foreshadow price slowdown New home sales shook off earlier weather effects to post a strong gain in January. Although existing home sales fell again, they should also recover before too long. Nevertheless, the bigger picture... 11th March 2014 · 1 min read
UK Housing Market Data Response Mortgage Lenders and Administrators statistics (Q4 13) First-time buyers continue to drive the recovery in mortgage lending, and have done so without any rise in the share of mortgages requiring a small deposit. So far, it seems as though the Help to Buy... 11th March 2014 · 1 min read
UK Housing Market Focus Why are so few homes being put up for sale? Recent months have seen a resurgence in first-time buyers, desperate to buy before house prices are pushed even further out of reach. But this has not been matched by a rise in the number of homes put... 10th March 2014 · 1 min read
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