US Housing Market Data Response Mortgage Applications (Oct. 13) The latest dip in mortgage approvals offers further evidence of a moderation in the rate of the housing recovery. But if the wider economic recovery picks up speed next year as we expect, mortgage... 6th November 2013 · 1 min read
UK Housing Market Data Response Halifax House Prices (Oct. 13) Halifax reported another strong rise in house prices in October. Widespread expectations that house prices will rise in the future, fanned by ill-conceived Government interventions, have led to a... 6th November 2013 · 1 min read
US Housing Market Data Response Homeownership and Vacancy Rate (Q3 13) The homeownership rate ticked up in the third quarter of the year. But the recent drop in home sales and mortgage demand, as well as the fact that the rise was driven by older households, suggests... 5th November 2013 · 1 min read
US Housing Market Data Response CoreLogic House Prices (Sep. 13) The CoreLogic house price index suggests that the recent easing in house price pressures went into reverse during September. But with signs that the rise in interest rates has had a more pronounced... 5th November 2013 · 1 min read
Europe Economics Update Norway's housing boom is ending Norway’s long housing boom is losing steam. Although a collapse in prices is unlikely, the slowdown in the housing market suggests that the economy will weaken more than the consensus expects. 5th November 2013 · 1 min read
Nordic & Swiss Economics Update Norway’s housing boom is ending Norway’s long housing boom is losing steam. Although a collapse in prices is unlikely, the slowdown in the housing market suggests that the economy will weaken more than the consensus expects. 5th November 2013 · 1 min read
US Housing Market Update Has the outlook for existing home sales changed? The drop in the pending home sales numbers for September suggests that the immediate outlook for existing home sales is weak. We have therefore revised down our whole-year forecasts for 2013. The... 31st October 2013 · 1 min read
UK Housing Market Data Response Nationwide House Prices (Oct. 13) House price gains gathered pace in October, with another strong rise over the month. The risk that these gains trigger a self-fulfilling house price boom in more areas of the country is growing, but... 31st October 2013 · 1 min read
US Housing Market Data Response Case-Shiller Home Prices (Aug.) The solid rise in the Case-Shiller house price index confounded expectations from some corners that price growth was set to slow further in August. But it does not rule out a slowdown in house price... 29th October 2013 · 1 min read
UK Housing Market Data Response Mortgage Lending (Sep. 13) The number of mortgage approvals for house purchase jumped again in September, as banks recycle a steady rise in mortgage repayments to new borrowers. While still historically low, 2013 will see the... 29th October 2013 · 1 min read
UK Housing Market Data Response Land Registry Repeat Sales Index (Sep. 13) With a hefty 1.5% rise in house prices during September, the Land Registry is now in agreement with other measures that prices are coming under continued upwards pressure. But, parts of central London... 28th October 2013 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Sep. 13) According to the BBA, mortgage approvals in September jumped by the largest amount in a single month since the end of 2008. Even so, net mortgage lending was once again negative, and banks appear to... 23rd October 2013 · 1 min read
China Chart Pack Property sales not keeping up with sentiment For all the headlines talking about a rebounding property sector in China, sales over the past few months have been no higher than they were a year ago. Developers may be benefiting from price rises... 23rd October 2013 · 1 min read
UK Housing Market Update How significant is October's jump in asking prices? Despite some of yesterday's headlines, London aside, October's jump in asking prices was not exceptional. But the data highlight the risk that, even if Help to Buy fails to boost transactions, it may... 22nd October 2013 · 1 min read
US Housing Market Focus Are higher mortgage rates a bigger threat than we thought? The steady rise in mortgage interest rates has weighed moderately on mortgage applications for home purchase and total home sales. Any fresh increase in mortgage rates would take a similar toll. While... 21st October 2013 · 1 min read
US Housing Market Data Response Existing Home Sales (Sep. 13) The decline in existing home sales in September was driven by the steady rise in mortgage interest rates seen over the preceding months. If the timelier new home sales figures are any guide, this set... 21st October 2013 · 1 min read
