UK Data Response Halifax House Prices (Aug.) The latest rise in the Halifax measure of house prices does little to settle the debate about the house price outlook. But the fact that house prices continue to fall on a quarterly basis seems... 8th September 2010 · 1 min read
UK Housing Market Update What is the interest-only mortgage clampdown telling us? Recent press reports that some major mortgage lenders are further restricting the availability of interest-only mortgages are a fresh sign that credit conditions are tightening. 7th September 2010 · 1 min read
US Economics Weekly Residential loan losses may return to haunt banks Banks were back in the news last week, announcing the largest quarterly increase in net income since the recession began. This was mainly due to the first decline in the value of non-current loans... 6th September 2010 · 1 min read
UK Housing Market Chart Pack Housing market activity in the doldrums (Sep 10) GDP growth in the second quarter was revised up to a healthy-looking 1.2%q/q. But closer inspection reveals the recovery to be worryingly dependent on restocking. Once the process of inventory... 2nd September 2010 · 1 min read
UK Data Response Nationwide House Prices (Aug.) The renewed downturn in house prices signalled by today’s Nationwide index is unlikely to be short-lived. Not only is the market still significantly overvalued on most measures, but the lack of... 2nd September 2010 · 1 min read
UK Data Response Nationwide House Prices (Aug.) The renewed downturn in house prices signalled by today’s Nationwide index is unlikely to be short-lived. Not only is the market still significantly overvalued on most measures, but the lack of... 2nd September 2010 · 1 min read
UK Data Response Nationwide House Prices (Aug.) 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... 2nd September 2010 · 1 min read
UK Data Response Mortgage Lending (Jul.) The Bank of England’s mortgage lending statistics for July showed a marginal rise in both the value and volume of mortgages approved. However, the bigger picture is still of subdued activity in the... 31st August 2010 · 1 min read
UK Data Response Mortgage Lending (Jul.) The Bank of England’s mortgage lending statistics for July showed a marginal rise in both the value and volume of mortgages approved. However, the bigger picture is still of subdued activity in the... 31st August 2010 · 1 min read
UK Housing Market Data Response RICS Lettings Survey (Jul.) With the continued rationing of credit keeping many would-be buyers in rented accommodation and the supply of rental properties declining as accidental landlords sell up, at first glance the outlook... 31st August 2010 · 1 min read
UK Housing Market Data Response Mortgage Lending (Jul.) The Bank of England’s mortgage lending statistics for July showed a marginal rise in both the value and volume of mortgages approved. However, the bigger picture is still of subdued activity in the... 31st August 2010 · 1 min read
UK Economics Weekly Is the latest housing downturn just another blip? After a weak start to the year, the subsequent modest improvement in the housing market has recently begun to peter out. It may be that this is nothing to worry about, especially given that the wider... 30th August 2010 · 1 min read
UK Housing Market Data Response Land Registry Repeat Sales Index (Jul.) The Land Registry house price index highlights a clear North/South divide. But while London and the South have consistently outperformed over the past year, we doubt that house prices in these regions... 27th August 2010 · 1 min read
