UK Housing Market Data Response Mortgage Lending (Oct.) House purchase mortgage approvals fell sharply in October. Looking ahead, even if uncertainty were to lift at the start of next year, the housing market fundamentals do not support a pick-up in... 29th November 2019 · 2 mins read
UK Housing Market Data Response Nationwide House Prices (Nov.) We wouldn’t read too much into November’s pick-up in house price growth. Indeed, the big picture is that, even if the economic and political uncertainty eases next year, house price growth will pick... 28th November 2019 · 2 mins read
UK Housing Market Data Response UK Finance Mortgage Lending (Oct.) Given the political and economic uncertainty, October’s drop in house purchase mortgage approvals came as little surprise. And even if uncertainty were to clear in the coming months, high house prices... 26th November 2019 · 2 mins read
US Housing Market Update Mortgage rates to stay close to 4% over next two years We now expect mortgage interest rates to stay close to their current level over the next couple of years. That will give some support to housing demand but, as was the case this year, offsetting... 25th November 2019 · 3 mins read
UK Commercial Property Chart Pack Capital values continue to fall Capital values have been falling since late 2018. This has led by declining retail capital values and slowing growth in office and industrial. We expect that all-property yields will continue to rise... 22nd November 2019 · 6 mins read
House price inflation set to surge Following the slump in mortgage rates, the rise in the sales-to-new listing ratio suggests that house price inflation will surge. As rising houses prices will support consumption growth, the case is... 22nd November 2019 · 3 mins read
UK Housing Market Update Election 2019: are social housebuilding plans realistic? With housebuilders already close to capacity, the sector will struggle to sustain a further surge in output. As a result, if elected, we think Labour would likely to miss their manifesto commitment to... 22nd November 2019 · 3 mins read
India Chart Pack Services holding up better than industry Q3 GDP data due next week are likely to show a further slowdown in India’s economy, with the industrial sector the main source of weakness. However, some comfort can be taken from the fact that the... 22nd November 2019 · 9 mins read
US Housing Market Data Response Existing Home Sales (Oct.) Existing home sales saw a marginal rise in October, but the gain wasn’t enough to reverse September’s dip and sales are still below their level in 2017. With the inventory of homes for sale at 18... 21st November 2019 · 2 mins read
US Housing Market Update Builders begin slow move back to starter homes Tight supply of affordable homes, and a relatively large increase in their price, are encouraging builders back to the starter home sector. But a slowing economy and tighter credit conditions rule out... 14th November 2019 · 3 mins read
UK Housing Market Data Response RICS Residential Market Survey (Oct.) Against the uncertain political backdrop and with the economy weakening, the RICS survey data point to a weak near-term outlook for the housing market. Indeed, with house prices already very high and... 14th November 2019 · 2 mins read
China Data Response Activity & Spending (Oct.) Activity and spending slowed across the board last month, more than reversing the uptick at the end of Q3. With further weakness on the horizon, we think additional policy stimulus is due before long. 14th November 2019 · 2 mins read
US Housing Market Update Supply of starter homes no better in rental market Households frustrated by the lack of affordable single-family homes for sale will find conditions are no better in the rental market, where the number of homes available for under $1,250 a month has... 12th November 2019 · 3 mins read
UK Housing Market Chart Pack Fresh dip in activity After a brief mid-year recovery, economic and political uncertainty is once again discouraging housing market activity. In all, the near term outlook for both housing sales and house prices is... 8th November 2019 · 8 mins read
UK Housing Market Data Response Halifax House Prices (Oct.) Slowing house price growth on the Halifax index brought it closer to the other main price measures. With house prices high compared to incomes and interest rates close to their floor, we don’t expect... 7th November 2019 · 2 mins read
US Housing Market Data Response Mortgage Applications (Oct.) Despite stable interest rates, demand for home purchase mortgages dropped back in October, and had reached a two-month low by the end of the month. Concerns around the economic outlook, a shortage of... 6th November 2019 · 2 mins read
