UK Economics Update Government housing measures contain no miracle cure The Government today announced a number of measures designed to “meet current challenges in the housing market”. While some of the measures will help to ease the hardship faced by a few of the... 2nd September 2008 · 1 min read
UK Economics Update Government housing measures contain no miracle cure The Government today announced a number of measures designed to “meet current challenges in the housing market”. While some of the measures will help to ease the hardship faced by a few of the... 2nd September 2008 · 1 min read
UK Housing Market Update Government housing measures contain no miracle cure The Government today announced a number of measures designed to “meet current challenges in the housing market”. While some of the measures will help to ease the hardship faced by a few of the... 2nd September 2008 · 1 min read
UK Housing Market Focus More people set to share homes as house prices fall In the same way that rising house prices encouraged people to bring forward their decision to buy a property, expectations of falling house prices will convince many to defer their property purchase... 14th August 2008 · 1 min read
US Housing Market Focus Is the US housing market stabilising? The latest round of news on the housing market has been surprisingly upbeat but don’t be fooled into believing that the sector has bottomed out. 14th August 2008 · 1 min read
Europe Economics Update Spanish house prices to fall by 25% The recent run of terrible economic news from Spain and the sharp falls in house prices in a number of other developed economies have led us to revise down our forecast for Spanish house prices. We... 13th August 2008 · 1 min read
UK Economics Update The dent to the labour market from falling house prices There are a number of ways in which a weakening housing market could affect the labour market adversely, potentially sparking a vicious circle of falling house prices and rising unemployment. 13th August 2008 · 1 min read
UK Housing Market Update Stamp duty – a case of words speaking louder than actions Rumours that the Government is preparing to take action on stamp duty are gathering ground, with a number of papers reporting the story today. But, while a fundamental reform of stamp duty would no... 6th August 2008 · 1 min read
UK Housing Market Update Large forecast house price falls not wildly out of line with the past While the 35% fall in nominal house prices that we expect over the next couple of years will be unprecedented, in real terms our forecast looks to be not wildly out of line with past experience. 30th July 2008 · 1 min read
UK Housing Market Update Crosby Review : No silver bullet to shorten the housing correction The key message from Sir James Crosby’s interim report on the state of UK mortgage finance is that the current squeeze on mortgage credit will be protracted. While he does not rule out the possibility... 29th July 2008 · 1 min read
Asia Economics Focus Construction rebound to help Japan steer well clear of recession The recovery in the construction sector should prevent an outright fall in Japanese GDP in the second quarter and contribute around 0.7 percentage points to growth in the year as whole. The economy is... 22nd July 2008 · 1 min read
Japan Economics Focus Construction rebound to help Japan steer well clear of recession The recovery in the construction sector should prevent an outright fall in Japanese GDP in the second quarter and contribute around 0.7 percentage points to growth in the year as whole. The economy is... 22nd July 2008 · 1 min read
UK Housing Market Update Diverging house price surveys reflect timing issues – little more All the major indices have now reported some falls in average house prices. But the scale of those falls varies wildly. Should we be concerned? At one extreme, the Halifax and Nationwide have reported... 15th July 2008 · 1 min read
Europe Economics Update Falling house prices pile further pressure on Spain The latest housing market data from Spain revealed that house prices have begun to fall. Over the coming quarters, we expect the slowdown to pick up pace, causing a further downturn in the... 15th July 2008 · 1 min read
US Housing Market Focus Financial losses from the consumer credit binge to reach $700bn We estimate that over the next three years the financial losses resulting from the surge in defaults on US mortgages and other consumer loans will add up to close to $700bn, or 6% of US GDP . Roughly... 23rd June 2008 · 1 min read
UK Economics Focus House prices to fall by 35% In recent months, the housing market correction has gathered momentum. The economy is also poised for three years of sub-trend growth and unemployment looks set to reach a 12-year high. We believe... 17th June 2008 · 1 min read
