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
UK Housing Market Update Will loosening market conditions lead to house price falls? On one measure at least, the amount of unsold stock on surveyors’ books is consistent with falling house prices. With sellers now seemingly outnumbering buyers, we expect that looser market conditions... 20th July 2010 · 1 min read
UK Housing Market Focus The outlook for house prices in the North West Over the next 20 years, house price growth in the North West is likely to match the UK average closely. If anything, the North West may slightly outpace the UK. However, there will be considerable sub... 19th July 2010 · 1 min read
