US Housing Market Update Are house prices gains in some States unsustainable? Concerns have been raised that some States are seeing unsustainable, investor-fuelled house price increases. However, we think that in most of these markets, the fundamentals are supportive of a... 15th February 2013 · 1 min read
UK Housing Market Focus The outlook for buy-to-let in 2013 The buy-to-let market will expand modestly over 2013, with the demand for, and supply of, private rented property edging up. But affordability constraints will mean that rental growth will be lower... 14th February 2013 · 1 min read
UK Housing Market Data Response Mortgage Arrears and Possessions (Q4 12) A further decline in the number of properties possessed by lenders is good news for households. But with real earnings continuing to fall, more borrowers are likely to fall into arrears over the... 14th February 2013 · 1 min read
UK Housing Market Data Response CML Buy-To-Let Lending (Q4 12) The BTL lending market showed further signs of recovery in the final stages of last year. This year, the low level of interest rates and the prospect of healthy tenant demand both argue that further... 14th February 2013 · 1 min read
UK Housing Market Data Response RICS Housing Market Survey (Jan.) The January RICS survey suggests the housing market had a faltering start to 2013. While mortgage rates are continuing to fall, first-time buyers face strict credit scoring criteria and house prices... 12th February 2013 · 1 min read
US Housing Market Update Should we be concerned that starts are outstripping sales? Housing starts have risen by 37% over the past year, but new home sales have only increased by 9%. Rather than being a sign that speculative overbuilding has returned however, this gap reflects the... 11th February 2013 · 1 min read
Asia Economics Weekly Property prices in Emerging Asia - an update Property prices look significantly overvalued in Hong Kong and parts of Taiwan. As such, while the risk of a slump in exports bringing recession in these trade-oriented economies has subsided recently... 11th February 2013 · 1 min read
UK Housing Market Chart Pack Funding for Lending puts housing market on life support Government efforts to support the housing market, particularly through the FLS, appear to be bearing fruit. But the fact remains that house prices are still very high in comparison to earnings, and... 8th February 2013 · 1 min read
US Housing Market Data Response Mortgage Applications (Jan. 13) Mortgage applications for home purchase are still low by past standards, but at least they have been rising for five months now. That’s an encouraging sign that mortgage-dependent buyers are starting... 6th February 2013 · 1 min read
UK Housing Market Data Response Halifax House Prices (Jan.) The boost to house prices seen at the end of 2012 did not continue into early 2013. The housing market is currently being supported by Government interventions, but with most measures still pointing... 6th February 2013 · 1 min read
US Housing Market Data Response CoreLogic House Prices (Dec. 12) The US housing recovery showed no signs of slowing in the final stages of 2012. And the early signs are that these gains will be extended throughout 2013 as the economy continues its recovery. 5th February 2013 · 1 min read
US Housing Market Update West to lead house price growth in 2013 We’re expecting US house prices to rise by around 5% this year, but a closer look at the regional picture suggests that the gains will be most pronounced in the West. 31st January 2013 · 1 min read
UK Data Response Nationwide House Prices (Jan.) Today’s news that house prices started the year with a modest rise provides some further evidence that the housing market is starting to respond to Government efforts to kick-start the sector. But it... 31st January 2013 · 1 min read
UK Housing Market Data Response Mortgage Lending (Dec. 12) Mortgage approvals resumed their upward trend in December. Whether this trend can continue may now depend upon the actions of the big lenders, who to date appear less keen to expand their mortgage... 30th January 2013 · 1 min read
US Housing Market Data Response Homeownership & Vacancy Rates & Case-Shiller (Q4/Nov) The fact that the housing recovery is being driven principally by investor demand means that the slight decline in the homeownership rate in the fourth quarter is unlikely to be the last. 29th January 2013 · 1 min read
UK Housing Market Data Response Land Registry Repeat Sales Index (Dec. 12) Today’s Land Registry data provides further evidence that house prices recovered towards the end of 2012. But with anaemic GDP growth expected over 2013, any sustained rise in house prices looks... 29th January 2013 · 1 min read
