US Housing Market Chart Pack Inventory levels inch higher The latest readings from the CoreLogic and Case-Shiller house price indices show that prices have posted double-digit gains over the past year. But not all the past month’s housing news was so buoyant... 12th June 2013 · 1 min read
UK Housing Market Data Response Mortgage Lenders and Administrators Statistics (Q1) Today’s data on mortgage lending and quoted interest rates underline the fact that the Funding for Lending Scheme is struggling to give a boost to lending. In turn, that highlights the risk that, in... 11th June 2013 · 1 min read
UK Housing Market Data Response RICS Residential Market Survey (May) Today's RICS residential property market survey suggests that a degree of liquidity is returning to the owner occupier market. In turn, this has taken a little of the steam out of the rental market. 11th June 2013 · 1 min read
Canada Economics Update Canada's housing downturn far from over Recent housing evidence does not convince us that Canada's housing downturn has stabilised. As housing demand remains sluggish in certain markets and softens further in others, we expect the still... 10th June 2013 · 1 min read
UK Housing Market Update Has housebuilding finally turned a corner? A recovery in housebuilding is long overdue and although we suspect that it may not be as strong as it appears at first sight, encouragingly, there are now signs that it may finally be underway. 10th June 2013 · 1 min read
China Economics Update Rebound remains elusive The key message from China’s May data is that there is no clear evidence of an economic rebound getting underway. Most of the commentary has focused on the impact on exports of more stringent controls... 10th June 2013 · 1 min read
US Housing Market Outlook Housing market recovery marching on The stronger-than-expected start to the year means that the risks to our house price forecasts have shifted to the upside. However, we think it is more likely than not that the pace of house price... 7th June 2013 · 1 min read
UK Housing Market Chart Pack Optimism returns to the housing market Sentiment surrounding the housing market appears to be improving, thanks to record low mortgage rates and Government interventions to support the market. But the fundamentals are weak, and with banks... 6th June 2013 · 1 min read
US Housing Market Data Response Mortgage Applications (May) For all the talk of a renewed US housing bubble, today’s mortgage applications data are a reminder that the recovery remains highly dependent on loose monetary policy. 5th June 2013 · 1 min read
US Housing Market Data Response CoreLogic House Prices (Apr.) House price gains of 12% per annum are clearly not sustainable. But in the short-term, news that the housing sector shows few signs of slowing will surely be something of a relief, following yesterday... 4th June 2013 · 1 min read
UK Housing Market Update Weak net lending is a brake on the housing market Mortgage approvals have increased marginally in recent months, helped by Government interventions. But that increase has been achieved with virtually no rise in net mortgage lending. Thus in aggregate... 4th June 2013 · 1 min read
Canada Economics Weekly Canada's housing downturn mirroring US slump Home building in Canada is on an ominous downward slope, similar in many ways to what happened in the early stages of the slump in the US. For this reason we think it is premature for policymakers to... 3rd June 2013 · 1 min read
UK Housing Market Data Response Mortgage Lending (Apr. 13) Mortgage approvals were virtually unchanged in April according to the Bank of England, providing further evidence that the Funding for Lending Scheme may just prevent further falls in mortgage lending... 31st May 2013 · 1 min read
US Housing Market Update Are inventory levels starting to normalise? The return of double-digit rates of house price inflation has grabbed most of the headlines in recent days. But equally significant are signs that sellers are returning to the market in force. We... 30th May 2013 · 1 min read
UK Housing Market Data Response Land Registry Repeat Sales Index (Apr. 13) Land Registry data for April point to house prices in the UK showing marginal gains, but that national average hides a very wide regional divergence. While prices in London are growing at an annual... 30th May 2013 · 1 min read
UK Data Response Nationwide House Prices (May. 13) The rise in house prices recorded by the Nationwide in May could further boost the growing sense of optimism regarding the housing market. But the fundamentals are still weak, and we think much of... 30th May 2013 · 1 min read
