UK Housing Market Chart Pack Housing market activity on the up Housing market activity is on the up as record low mortgage rates and Government interventions support demand. But supply has so far been slow to respond, with some home movers delaying putting their... 4th July 2013 · 1 min read
UK Housing Market Data Response Halifax House Prices (June 13) Halifax reports that house prices have risen for the fifth consecutive month, and on an annual basis prices are now growing at 3.7%, the highest rate in almost three years. But with more homes now... 4th July 2013 · 1 min read
US Housing Market Data Response Mortgage Applications (Jun.) Mortgage applications for refinancing tumbled in the face of higher mortgage interest rates in June. But applications for home purchase, which are a better indicator of underlying housing demand, were... 3rd July 2013 · 1 min read
US Housing Market Data Response CoreLogic House Prices (May 13) There were few signs of a slowdown in house price gains in the most recent CoreLogic data. But with supply now on the rise, double-digit price gains may not be the norm for too much longer. 2nd July 2013 · 1 min read
UK Housing Market Update Stamp duty weighs on £2m+ housing transactions The introduction in March 2012 of a new 7% stamp duty rate for homes sold for more than £2m has contributed to reduction in high-value transactions of around 12% in 2012, compared to an increase in... 2nd July 2013 · 1 min read
UK Housing Market Data Response Mortgage Lending (May.) The Bank of England reported that gross mortgage lending in May reached the highest level since the start of the financial crisis, and mortgage approvals for house purchase also saw a robust rise. But... 1st July 2013 · 1 min read
UK Housing Market Data Response Land Registry Repeat Sales Index (May) The Land Registry reported that prices were essentially flat over May, which helped bring the annual rate of inflation down a touch to 0.5%. Prices in London are still far outperforming the rest of... 28th June 2013 · 1 min read
Africa Chart Pack Economic impact of US Fed tapering likely to be limited Financial markets in Africa have taken a hit over the past month following signals from the US Fed that it intends to taper its asset purchases under QE3. Nevertheless, we think that the economic... 28th June 2013 · 1 min read
UK Data Response Nationwide House Prices (Jun. 13) The Nationwide reported that house prices have continued to drift gently upward, with favourable base effects helping the annual rate of growth to a 2½ year high. But price gains are not accelerating... 28th June 2013 · 1 min read
UK Economics Focus Will the Government get the housing market going? The Chancellor’s efforts to engineer a sustainable, demand-led recovery in mortgage lending and housebuilding are unlikely to succeed. One possible outcome is that prices simply surge, pushing housing... 27th June 2013 · 1 min read
UK Housing Market Update ONS release new statistics on private sector rental growth The ONS have produced a new experimental index of private housing rental prices, which reports that rents in the private sector in May were around 1.3% higher compared to a year ago. That is a much... 26th June 2013 · 1 min read
US Housing Market Update Higher mortgage rates here to stay In light of the changing prospects for US monetary policy, we have revised our 10-year Treasury yield forecasts higher. Accordingly, recent gains in 30-year mortgage rates are unlikely to be unwound... 26th June 2013 · 1 min read
US Housing Market Data Response Case-Shiller Prices & New Home Sales (Apr/May) The Case-Shiller house price index posted one of its largest month-on-month rises so far in the recovery in April, and new home sales registered a solid increase in May. But while sales activity can... 25th June 2013 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (May. 13) The BBA reported a strong rise in mortgage approvals in May, helped by Government interventions. But this improvement comes from a low base, and in aggregate the major banks are still withdrawing... 25th June 2013 · 1 min read
US Housing Market Update The pace of house price gains is set to slow We expect the pace of house price gains to slow later this year and decelerate further in 2014. This will not signal the end of the US housing recovery, but a new phase in which house price growth is... 24th June 2013 · 1 min read
Canada Economics Weekly Household sector sensitive to higher long-term rates The recent improvement in the global economic outlook and changing prospects for US monetary policy in particular have prompted us to revise our global bond yield forecasts moderately higher... 24th June 2013 · 1 min read
