US Housing Market Chart Pack Double-dip begins The expiry of the homebuyer tax credit at the end of April has triggered a double-dip in the housing market, with new home sales falling particularly sharply in May. Of course, sales were always going... 13th July 2010 · 1 min read
UK Housing Market Data Response RICS Housing Survey & CLG House Prices (Jun/May) Market conditions are loosening, as the supply of properties for sale continues to increase and buyer numbers stall. Consistent with our forecast for a double-dip, surveyors now expect house prices to... 13th July 2010 · 1 min read
UK Housing Market Chart Pack Outlook weakens in the latest data (Jul 10) The housing market data continued to send mixed messages last month. Activity measures remained subdued but did not typically weaken any further. House prices rose on some indices and fell on others... 2nd July 2010 · 1 min read
UK Housing Market Data Response Bank of England Credit Conditions Survey (Q2 2010) The latest Credit Conditions Survey suggested that the supply of credit for commercial property is likely to remain restricted, but for residential borrowers it is likely to contract again. In light... 1st July 2010 · 1 min read
UK Housing Market Update Are the OBR’s house price forecasts too optimistic? The Office for Budget Responsibility’s house price forecasts seem to imply a structural shift in the sustainable house price to earnings ratio and a return to peak of the market mortgage servicing... 30th June 2010 · 1 min read
UK Data Response Nationwide House Prices (Jun.) After outstripping income growth for over a year now, house price gains more or less stalled in June. The impact of the fiscal squeeze on incomes and confidence is likely to drive house prices back... 30th June 2010 · 1 min read
UK Data Response Nationwide House Prices (Jun.) After outstripping income growth for over a year now, house price gains more or less stalled in June. The impact of the fiscal squeeze on incomes and confidence is likely to drive house prices back... 30th June 2010 · 1 min read
UK Data Response Nationwide House Prices (Jun.) 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. 30th June 2010 · 1 min read
UK Data Response Mortgage Lending (May.) The latest mortgage lending numbers from the Bank of England were little changed from last month, indicating a lending market that remains very subdued. 29th June 2010 · 1 min read
UK Data Response Mortgage Lending (May.) The latest mortgage lending numbers from the Bank of England were little changed from last month, indicating a lending market that remains very subdued. 29th June 2010 · 1 min read
UK Housing Market Data Response Mortgage Lending (May.) The latest mortgage lending numbers from the Bank of England were little changed from last month, indicating a lending market that remains very subdued. 29th June 2010 · 1 min read
UK Housing Market Data Response Land Registry Repeat Sales Index (May.) The latest Land Registry Repeat Sales index brought further evidence that the increase in supply and the weakening of demand seen over the past few months is beginning to undermine house prices. Tight... 28th June 2010 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (May.) Mortgage lending figures from the BBA ticked up in May, but are still indicative of a weak mortgage market. The numbers suggest that the latest falls in consumer confidence and the considerable... 23rd June 2010 · 1 min read
UK Economics Update Budget squeeze on household finances to weigh on house prices Fears that a rise in capital gains tax would rapidly destabilise the fragile house price recovery appear to have been overdone. But the scale of the fiscal squeeze announced by the Chancellor today... 22nd June 2010 · 1 min read