UK Housing Market Data Response Halifax House Prices (Aug. 13) House prices rose further in August according to the Halifax, as demand for homes outstripped the number being put up for sale. But that imbalance is likely to subside gradually, which will reduce the... 6th September 2013 · 1 min read
UK Housing Market Chart Pack Increase in first-time buyers stokes rise in house prices The region is restructuring, but not by enough to allow it to outperform the UK in the years ahead. We forecast 1.3% growth this year and 2% in 2014, matching the UK, but with longer run rates about 1... 5th September 2013 · 1 min read
US Housing Market Data Response Mortgage Applications (Aug 13.) Higher mortgage interest rates took a further toll on mortgage applications in August. But 30-year rates eased a touch at the end of the month, while applications for home purchase increased. 4th September 2013 · 1 min read
US Housing Market Data Response CoreLogic House Prices (Jul. 13) The latest CoreLogic house price reading added to the evidence that the pace of price gains is easing slightly. It’s possible that annual price growth will drop into the single- digit range by the end... 3rd September 2013 · 1 min read
UK Housing Market Data Response Nationwide House Prices (Aug.) & Mortgage Lending (Jul.) The housing market appears to be gaining traction, with a further rise in house prices and mortgage lending. But talk of a new housing boom is wide of the mark. 30th August 2013 · 1 min read
US Housing Market Update QRM proposals are a step towards looser mortgage credit The proposed Qualified Residential Mortgage rule is a welcome simplification and relaxation of earlier proposals which, if enacted, will help to loosen mortgage credit conditions. But the inclusion of... 29th August 2013 · 1 min read
UK Housing Market Data Response Land Registry Repeat Sales Index (Jul. 13) House prices as measured by the Land Registry are now beginning to catch up with the main lender indices, with the strongest month-on-month rise for 1½ years. But a new house price boom still looks to... 29th August 2013 · 1 min read
UK Housing Market Update Recent trends in the new-build premium The new-build premium has more or less held its ground over the past year, with new homes around 15% more expensive than equivalent second-hand properties. But with new-build prices now receiving an... 29th August 2013 · 1 min read
US Housing Market Data Response Case-Shiller Home Prices (Q2) Average US house prices rose at double-digit levels once again in the second quarter. But adjusting for normal seasonal patterns, all three of the main Case-Shiller indices suggest that the rate of... 27th August 2013 · 1 min read
US Housing Market Data Response New Home Sales (Jul.) The sharp drop in new home sales in July, and the downward revision to June’s figure, suggest that the spike in mortgage interest rates is taking more of a toll on housing market activity than we had... 23rd August 2013 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Jul.13) The steady growth in mortgage approvals stalled in July, and net lending was negative for an unprecedented seventh month in a row. While this is probably a blip, it highlights that lenders are still... 23rd August 2013 · 1 min read
US Housing Market Data Response Existing Home Sales (Jul. 13) The increase in existing home sales in July suggests that the rise in mortgage rates prompted some buyers to rush through with a home sale before rates became higher still. This stimulatory effect... 21st August 2013 · 1 min read
UK Housing Market Update Will forward guidance provide a further boost to the housing market? By reducing households’ concerns that mortgage rates will increase in the near future, forward guidance has the potential to provide a further boost to housing demand. But while the policy can’t harm... 21st August 2013 · 1 min read
US Housing Market Focus Is US housing more expensive than everyone thinks? The rapid increase in US house prices over the past year, and the sharp run up in mortgage interest rates over the past few months, have brought issues of housing valuation and affordability into... 20th August 2013 · 1 min read
UK Housing Market Focus Will mortgage guarantees be as successful as equity loans? After the success of the Help to Buy equity loan scheme, there are concerns that the potentially much larger mortgage guarantee aspect of the scheme could trigger a new house price boom when it is... 19th August 2013 · 1 min read
US Housing Market Data Response Housing Starts (Jul 13.) The increase in housing starts in July was driven by the multi-family sector, with single-family starts posting a small decline. The recovery in multi-family starts has been the driving force behind... 16th August 2013 · 1 min read
