US Housing Market Data Response CoreLogic House Prices (Feb. 13) House prices rose in February, and based on short-term leading indicators they are set to post another gain in March. This supports our view that, during 2013 as a whole, prices will increase by... 3rd April 2013 · 1 min read
US Housing Market Data Response Mortgage Applications (Mar. 13) While the refinancing boom is coming off the boil, we’re optimistic that mortgage applications for home purchase are in the early stages of a sustainable comeback. 3rd April 2013 · 1 min read
UK Housing Market Data Response Mortgage Lending (Feb. 13) The largest drop in mortgage approvals for house purchase for a year provides further evidence that poor fundamentals are outweighing Government efforts to support the housing market. 2nd April 2013 · 1 min read
US Housing Market Update Lower yields will undermine investment case - but not this year House prices are rising at a quicker pace than rents, which is weighing on rental yields. But the reduction in yields is currently very gradual, while the total return from housing remains attractive... 28th March 2013 · 1 min read
UK Housing Market Data Response Land Registry Repeat Sales Index (Feb. 13) Land Registry data for February indicate that house prices are continuing to drift up. But while London will see further inflows of foreign capital seeking a safe haven, house prices in the rest of... 28th March 2013 · 1 min read
UK Housing Market Data Response Nationwide House Prices (Mar. 13) Following two consecutive months of rises, house prices were flat in March. And with mortgage approvals now falling we doubt prices will show any sustained gains over 2013, despite the best efforts of... 28th March 2013 · 1 min read
US Housing Market Data Response Case-Shiller Prices & New Home Sales (Jan./Feb.) House prices posted another solid gain at the start of 2013, with the geographical footprint of the recovery taking in yet more areas. 26th March 2013 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Feb. 13) Mortgage approvals for house purchase declined for a second consecutive month, indicating that the Funding for Lending Scheme is struggling to make a sizeable impact on mortgage lending. 25th March 2013 · 1 min read
US Housing Market Data Response Existing Home Sales (Feb.) The increase in the number of existing home sales in February is more evidence that the housing recovery is continuing unabated. But the real news in this morning’s NAR numbers is the rise in the... 21st March 2013 · 1 min read
UK Housing Market Update Forecast change The Chancellor’s ‘Help to Buy’ scheme is likely to provide some additional support to average house prices, over and above that already coming from the Funding for Lending scheme. We have amended our... 21st March 2013 · 1 min read
UK Housing Market Update Budget 2013 helps to keep house prices inflated We doubt many first-time buyers will be celebrating ‘Help to Buy’. Most just want to see house prices fall. But by saddling them with more mortgage debt, that is an outcome this policy will help... 20th March 2013 · 1 min read
Canada Data Response Teranet-National Bank House Prices (Feb.) Despite the past weakening in existing home sales and rising number of properties for sale, the annual growth rate of house prices remained at 2.7% in February. As sales continue to trend lower... 20th March 2013 · 1 min read
China Economics Update The view from the ground – Q1 2013 Confidence is rising, but business leaders in China are less upbeat about conditions for their own firms than they are about the wider economy. This suggests that sentiment may be running ahead of... 19th March 2013 · 1 min read
US Housing Market Data Response Housing Starts (Feb.) Homebuilding volumes increased in February and, despite the homebuilder recovery coming up against a few snags, there’s good reason to think that the rebound in construction activity has much further... 19th March 2013 · 1 min read
UK Housing Market Focus Is a mansion tax a good idea? An annual tax on residential property is in many ways a good idea. But the proposed mansion tax is not the best way to go about it. A better option would be to reform the council tax system to ensure... 19th March 2013 · 1 min read
US Economics Update Housing starting to boost industry and employment In addition to the direct boost to GDP from homebuilding, the housing recovery has started to provide an indirect boost by supporting both industrial activity and employment. The possibility that the... 18th March 2013 · 1 min read
