UK Housing Market Data Response Land Registry Flash Repeat Sales Index (Oct.) The continued fall in the Land Registry’s measure of house prices is in contrast to the stability reported by the other main indices. Nevertheless, it sits comfortably with recent reports of large... 16th November 2011 · 1 min read
UK Housing Market Data Response Mortgage Arrears and Possessions (Q3) On the face of it, the decline in mortgage arrears and the fact that the number of possessions rose only marginally are encouraging. However, against the backdrop of rising unemployment and falling... 10th November 2011 · 1 min read
US Housing Market Chart Pack Price falls starting to gather pace again The latest evidence suggests that the stabilisation in house prices seen over the summer is giving way to further price falls. In September, our seasonally adjusted measure of the CoreLogic index fell... 9th November 2011 · 1 min read
US Housing Market Update Shadow inventory to keep supply high for foreseeable future Estimates of the shadow inventory vary, but by our calculations more than four million homes are waiting in the wings and will eventually add to the supply of properties for sale. That will prevent a... 8th November 2011 · 1 min read
US Housing Market Data Response CoreLogic House Prices (Sep.) The acceleration in the rate at which the CoreLogic house price index is falling reflects the slowing in the pace of job creation and wider economic growth earlier this year. Prices may well fall... 7th November 2011 · 1 min read
UK Data Response Halifax House Prices (Oct.) The latest rise in house prices in October adds to the evidence that a lack of properties for sale is supporting prices. However, if the recent signs of a fresh downturn in the labour market are... 7th November 2011 · 1 min read
UK Housing Market Chart Pack Mortgage lending recovery comes to an end The majority of buyer demand measures deteriorated this month. With surveys suggesting that economic activity declined further in the early weeks of the fourth quarter, a recovery in the housing... 4th November 2011 · 1 min read
US Housing Market Data Response Mortgage Applications (Oct.) The fact that mortgage applications for home purchase fell again in October, despite 30-year fixed mortgage rates touching fresh lows, underlines our long held position that the demand for housing... 2nd November 2011 · 1 min read
UK Housing Market Update Why do policymakers keep returning to long-term fixed rate mortgages? Successive policymakers, of whom the Housing Minister is the latest, have called for greater use of long-term fixed rate mortgages in the UK. The argument goes that long-term fixed rate mortgages... 1st November 2011 · 1 min read
UK Data Response Nationwide House Prices (Oct.) The latest rise in the Nationwide measure of house prices is further confirmation that, for now, subdued demand for housing is being offset by a lack of properties for sale. But we suspect that house... 1st November 2011 · 1 min read
UK Housing Market Data Response Mortgage Lending (Sep.) Today’s fall in mortgage approvals is consistent with other evidence that household finances are under strain and confidence is very weak. It looks as though the modest recovery in mortgage lending... 31st October 2011 · 1 min read
UK Housing Market Update Is London’s outperformance built on flimsy foundations? London has been reliant on a handful of the most expensive boroughs to deliver positive house price growth over the past year. To our minds, that leaves house prices in the capital looking susceptible... 29th October 2011 · 1 min read
UK Housing Market Data Response Land Registry Repeat Sales Index (Sep.) With few bright spots in the wider economic recovery, the marginal pace of house price falls recorded in September is only likely to increase moving into next year. 29th October 2011 · 1 min read
US Housing Market Data Response New Home Sales (Sep.) Even after the 5.7% m/m rebound in new home sales to 313,000 annualised in September, from 296,000 the month before, purchases are still close to a record low and only a quarter of what they were... 27th October 2011 · 1 min read
US Housing Market Data Response Case-Shiller House Prices (Aug.) The latest report on house prices from Case-Shiller suggest that the housing market has been a little bit softer than previously thought. In seasonally adjusted terms, the Case-Shiller 20-City house... 26th October 2011 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Sep.) It is too early to tell whether the latest fall in the BBA mortgage approval numbers is the beginning of a renewed downward trend. However, against the gloomy economic outlook and difficult conditions... 26th October 2011 · 1 min read
