UK Housing Market Data Response Nationwide House Prices (May) The boost to demand from the extension to the stamp duty holiday caused annual house price inflation to hit a seven-year high in May, and it is set to rise further in June. Thereafter, the end of the... 1st June 2021 · 2 mins read
Australia & New Zealand Data Response Australia CoreLogic House Prices (May) House prices are surging but forward indicators point to growth slowing in the months ahead. Indeed, we suspect prices may decline a little in 2021. 1st June 2021 · 2 mins read
China Chart Pack The three-child policy: too little, too late State media announced today that China’s family planning policy will be relaxed to allow all families to have three children, up from the current limit of two. This comes shortly after China’s once-a... 31st May 2021 · 13 mins read
US Housing Market Update Will expensive home sales keep booming? Sales of expensive homes have done particularly well over the past year, with the share of existing homes sold for over $500,000 surging from 15% a year ago to a record high 26% in April. An extreme... 26th May 2021 · 3 mins read
UK Housing Market Update Rents show supply deficiency in London & the South House-price-to-earnings ratios are close to record highs even in regions where there isn’t a shortage of supply. But the varying cost of rent across the country suggests that limited supply is an... 26th May 2021 · 3 mins read
US Housing Market Data Response Case-Shiller/FHFA & New Home Sales (Mar./Apr.) House price growth accelerated in March, reaching a record high of 13.9% y/y on the FHFA measure. But there are signs that the boom in prices is now weighing on housing demand and activity. New home... 25th May 2021 · 2 mins read
US Housing Market Data Response Existing Home Sales (Apr.) Existing home sales recorded another decline in April and are down 13% from the peak last October. Home sales are being constrained by record low inventory, which will continue to weigh on housing... 21st May 2021 · 2 mins read
US Housing Market Update Outlook bright for home improvement spending Booming home sales, record low inventory, the shift to working from home and a surge in savings have all helped boost home improvement spending over the past three quarters. While home sales are set... 19th May 2021 · 3 mins read
RBNZ Watch Housing mandate won’t change the Bank’s outlook While the Bank will acknowledge the new house price requirements in its remit it is unlikely to respond to them with immediate policy changes. On that basis we expect the RBNZ to keep policy settings... 19th May 2021 · 8 mins read
US Housing Increased demand for larger apartments to persist Increased demand for larger apartments to accommodate working from home is already evident in NYC, where the inventory of units with two or more bedrooms has seen a sharper decline compared to smaller... 14th May 2021 · 3 mins read
US Housing Market Chart Pack Worsening affordability hits home buying sentiment Mortgage rates have edged down since the end of March, but that didn’t prevent a fall in the share of households who see now as a good time to buy a home to a record low in April. House price growth... 12th May 2021 · 9 mins read
Australia & New Zealand Chart Pack Economic recovery facilitates house price surge House prices are now surging in both countries. House price cycles in the Australian housing market tend to lag those in New Zealand a little, which is consistent with the forward indicators pointing... 29th April 2021 · 11 mins read
China Economic Outlook Rebound levelling off After treading water in Q1, activity should pick up again this quarter following the relaxation of domestic travel restrictions. But growth will be more modest than most expect over the next couple of... 28th April 2021 · 2 mins read
India Chart Pack Virus restrictions start to bite Our in-house mobility tracker suggests that the surge in virus infections in India is now weighing on activity. This is likely to become more pronounced as the outbreak has become more widespread... 21st April 2021 · 10 mins read
Canada Data Response Teranet House Prices (Mar.) House price inflation according to the Teranet index surpassed 10% in March for the first time since 2017, and the high sales-to-new listing ratio implies it will continue to accelerate. 20th April 2021 · 2 mins read
US Housing Market Outlook Higher mortgage rates to cool red hot housing market After a bumper second half of 2020, housing market activity will lose steam in 2021 as higher mortgage interest rates and record low inventory weigh on home sales. House price growth will also fall... 19th April 2021 · 17 mins read
