UK Housing Market Data Response RICS Housing Survey & CLG House Prices (Jan/Dec) Housing sales may be receiving a moderate boost from the looming expiry of the latest stamp duty holiday in March. But today’s RICS survey showed that buyer enquiries dropped back in January. This... 14th February 2012 · 1 min read
US Housing Market Chart Pack Slightly easier credit supporting sales The rise in home sales in each of the three months to December is the clearest sign yet that a modest housing market recovery is underway. The fact that mortgage approvals are still subdued, however... 9th February 2012 · 1 min read
US Housing Market Update Robo-signing settlement doesn't change the big picture News that the $25bn robo-signing settlement has been finalised is good for those homeowners who will benefit from the principal reductions and refinancing schemes that form part of the deal. But the... 9th February 2012 · 1 min read
UK Housing Market Data Response Mortgage Arrears and Possessions (Q4) Mortgage arrears and possessions declined in the final quarter of last year and were at their lowest level for four years in 2011 as a whole. But it is difficult to envisage a repeat performance in... 9th February 2012 · 1 min read
UK Housing Market Data Response CML Buy-To-Let Lending (Q4) Buy-to-let was a bright spot within a subdued mortgage market last year. But activity ground to a halt in the fourth quarter – a reminder that landlords are not immune to the fears of a double-dip... 9th February 2012 · 1 min read
Canada Economics Update Housing juggernaut on uneven footing The latest building permits and housing starts data indicate that new housing construction is not slowing down much. Although this is good for economic activity this quarter, we are still concerned... 8th February 2012 · 1 min read
US Housing Market Data Response Mortgage Applications (Jan.) The latest weakness of mortgage applications for home purchase may suggest that the recent improvement in home sales is not built on solid foundations. While strict credit scoring and widespread... 8th February 2012 · 1 min read
US Housing Market Update REO to rental programme could be the best housing fix so far Among the myriad of programmes rolled out to help the housing market, the proposal to sell the government’s stock of real estate owned homes to rental investors could just be the most effective yet. 6th February 2012 · 1 min read
UK Housing Market Data Response Halifax House Prices (Jan.) The latest rise in the Halifax house price index does little to detract from the underlying downward trend on this measure. And given rising unemployment and the fact that valuation metrics suggest... 6th February 2012 · 1 min read
UK Housing Market Chart Pack Mortgage demand and house prices mark time Most of the housing market activity and price data were little changed this month. That could be setting the tone for a year of subdued demand and static house prices. But with the economy poised to... 2nd February 2012 · 1 min read
US Housing Market Data Response CoreLogic House Prices (Dec.) Signs of a modest housing market recovery are noticeable everywhere but in the house price data. Today’s CoreLogic release shows that prices were still falling at a reasonable clip in the final month... 2nd February 2012 · 1 min read
UK Data Response Nationwide House Prices (Jan.) It is still too early to tell whether the latest fall in the Nationwide house price index is confirmation of a renewed downward trend. However, given that the economy is already contracting... 1st February 2012 · 1 min read
US Housing Market Data Response Case-Shiller House Prices (Nov.) There are still no signs that house prices are on the verge of turning around, with the Case-Shiller measure falling for the seventh month in a row in November. But things should be different in six... 31st January 2012 · 1 min read
UK Data Response Mortgage Lending (Dec.) With the economy now contracting again and further job losses to come, it was perhaps not surprising that the recovery in mortgage approvals seems to have run out of steam. 31st January 2012 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Dec.) In aggregate, December’s rise in the BBA measure of mortgage approvals only made up around half of last month’s fall. And given the prospect of tighter credit conditions and a renewed recession, the... 25th January 2012 · 1 min read
UK Economics Focus How will UK property markets fare in 2012? A few local hot-spots aside, 2011 was not a great year for UK property markets. But the signs are that 2012 will be worse. Activity will remain weak and both commercial and residential property prices... 25th January 2012 · 1 min read
