UK Housing Market Data Response RICS Housing Survey & CLG House Prices (Jul/Jun) The dip in buyer enquiries since the turn of the year has begun to drag house prices lower. We expect the restricted level of mortgage credit, together with rising unemployment and the squeeze on... 10th August 2010 · 1 min read
UK Housing Market Focus Have there been previous double-dips in house prices? A second round of falls in house prices would not be without precedent. There are at least eight examples of double-dips in real house prices in the international data from the past 40 years. But... 5th August 2010 · 1 min read
UK Data Response Halifax House Prices (Jul.) House prices rose in July, reversing some of the recent falls. But this does not alter our view that prices are set for a period of considerable weakness in the remainder of this year and into 2011. 4th August 2010 · 1 min read
UK Data Response Halifax House Prices (Jul.) House prices rose in July, reversing some of the recent falls. But this does not alter our view that prices are set for a period of considerable weakness in the remainder of this year and into 2011. 4th August 2010 · 1 min read
UK Housing Market Chart Pack Signs that house prices are at a turning point (Aug 10) We believe that the downturn in the data in recent months marks the start of a new, weaker trend for the housing market. With a fresh contraction in lending likely in the coming months and a weak... 2nd August 2010 · 1 min read
UK Housing Market Update Does renewed house-building explain the rise in construction output? The construction industry contributed 0.4 percentage points to the 1.1%q/q growth in GDP in the second quarter of 2010. What’s more, house-building appears to have contributed strongly to the growth... 30th July 2010 · 1 min read
UK Data Response Mortgage Lending (Jun.) The subdued picture of lending activity was reinforced today as mortgage approvals for house purchase recorded their largest fall for five months. Although we doubt approvals will fall significantly... 29th July 2010 · 1 min read
UK Data Response Nationwide House Prices (Jul.) The drop in the Nationwide house price index in July was hardly a surprise given the generally downbeat signs from other housing market data over the past few weeks. But it adds to the growing body of... 29th July 2010 · 1 min read
UK Data Response Mortgage Lending (Jun.) The subdued picture of lending activity was reinforced today as mortgage approvals for house purchase recorded their largest fall for five months. Although we doubt approvals will fall significantly... 29th July 2010 · 1 min read
UK Data Response Mortgage Lending (Jun.) The renewed falls in mortgage market activity are weighing on house prices. With lending unlikely to pick up significantly this year, due to constraints on both supply and demand, recent falls in... 29th July 2010 · 1 min read
UK Data Response Nationwide House Prices (Jul.) The drop in the Nationwide house price index in July was hardly a surprise given the generally downbeat signs from other housing market data over the past few weeks. But it adds to the growing body of... 29th July 2010 · 1 min read
UK Data Response Nationwide House Prices (Jul.) October’s rise in the Halifax house price index was widely expected, given the size of the previous month’s drop. Moreover, although far stronger than consensus estimates for a 0.6% rise, the... 29th July 2010 · 1 min read
UK Housing Market Data Response Land Registry Repeat Sales Index (Jun.) Despite some upward revisions to the last few months of data and a marginal further rise in June, today’s Land Registry index adds to the emerging evidence that house prices may have reached a turning... 28th July 2010 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Jun.) June’s renewed decline in mortgage approvals highlights the lacklustre state of the mortgage market. 23rd July 2010 · 1 min read
