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
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
