UK Housing Market Update Outlook for housebuilding still bleak The tick-up in housebuilding starts in the third quarter is likely to be a blip. With builders increasingly viewing their current stock of homes as more than adequate to meet expected demand, they... 19th November 2012 · 1 min read
US Housing Market Data Response Mortgage Delinquencies (Q3) The decline in mortgage delinquencies in the third quarter is another encouraging sign that the housing market is improving. In particular, it means that the shadow inventory of homes in imminent... 15th November 2012 · 1 min read
US Housing Market Update Is mortgage demand picking up? Conflicting signals make it hard to draw firm conclusions, but the balance of evidence increasingly suggests that mortgage-dependent buyers are starting to make more of a contribution to the housing... 14th November 2012 · 1 min read
UK Housing Market Update How effective are Government schemes in supporting new-build? The steady stream of schemes designed to help prospective homeowners buy a new home is helping to underpin new-build sales. But there is no evidence that these schemes are acting as a catalyst for a... 14th November 2012 · 1 min read
UK Housing Market Data Response RICS Housing Market Survey (Oct. 12) An improvement across nearly all the indicators in October is perhaps an early sign that housing market activity is finally starting to recover. But with demand and supply still in balance, we doubt... 13th November 2012 · 1 min read
UK Housing Market Data Response Mortgage Arrears and Possessions (Q3 12) A strong labour market combined with low and stable mortgage rates have not been able to prevent a small rise in mortgage arrears. Possessions are currently being kept low by continued lender... 8th November 2012 · 1 min read
UK Housing Market Data Response CML Buy-To-Let Lending (Q3 12) The soft tone of the latest figures on BTL lending are not a surprise given survey evidence that, after a strong 2011, demand from BTL investors has been moderating throughout the course of this year. 8th November 2012 · 1 min read
US Housing Market Data Response Mortgage Applications (Oct. 12) After rising strongly in the early part of October, mortgage applications have since dropped steadily despite the very low level of mortgage interest rates. This suggests that tight lending criteria... 7th November 2012 · 1 min read
US Housing Market Data Response CoreLogic House Prices (Sep.) All of the small month-on-month fall in the CoreLogic house price index in September was down to predictable seasonal factors. After accounting for the usual slowdown at this time of year, house... 6th November 2012 · 1 min read
UK Housing Market Data Response Halifax House Prices (Oct.) A fourth consecutive monthly fall in house prices points to a strengthening downward trend in the housing market. With demand constrained by concerns over employment and incomes, this trend is set to... 6th November 2012 · 1 min read
UK Housing Market Data Response Halifax House Prices (Oct.) A fourth consecutive monthly fall in house prices points to a strengthening downward trend in the housing market. With demand constrained by concerns over employment and incomes, this trend is set to... 6th November 2012 · 1 min read
US Housing Market Chart Pack Signs that willing sellers are returning Having fallen briefly following the announcement of QE3, MBS yields and mortgage interest rates were rising again in the final weeks of October. Of course, the bigger picture remains that mortgage... 5th November 2012 · 1 min read
UK Commercial Property Data Response CIPS/Markit Construction PMI (Oct.) A modest rise in construction activity in October did not change the bigger picture of a sector that is still very subdued. And in the commercial sector, activity barely moved from the two and a half... 2nd November 2012 · 1 min read
US Housing Market Update What to make of the decline in the jumbo mortgage rate spread? At face value, the decline in the spread of jumbo mortgage interest rates over the rates on conforming loans is one of a number of signs that restrictions on the availability of jumbo mortgages have... 1st November 2012 · 1 min read
UK Housing Market Data Response Nationwide House Prices (Oct. 12) House prices edged up in October, continuing their recent see-saw pattern. In the absence of any evidence of a sustained upturn in effective housing demand, the data do not change our view that prices... 1st November 2012 · 1 min read
US Housing Market Data Response Homeownership & Vacancy Rates & Case-Shiller (Q3/Aug) Even with the housing recovery well underway, the share of Americans who own their own home remains more or less at a 16-year low. This fact is a reminder that, to date, the recovery still owes a lot... 30th October 2012 · 1 min read
