UK Housing Market Data Response UK House Price Index (Nov.) The official index recorded house price growth of 5.1% y/y in November – faster than the other indices. But, consistent with elsewhere, prices in London performed the worst of all the regions. 16th January 2018 · 1 min read
UK Housing Market Outlook Rising rates set to keep market in check Our forecast for an improving economic backdrop will come hand-in-hand with rising interest rates. As a result, improving real wages and sentiment will be countered by higher mortgage costs. That will... 15th January 2018 · 1 min read
Canada Data Response Teranet-National Bank House Prices (Dec.) The small gain in national house prices in December, boosted largely by Vancouver, didn’t prevent a further slowdown in the rate of annual house price inflation to 9.1%, from 9.2%. The recent slump in... 12th January 2018 · 1 min read
US Housing Market Update Will apartment rental growth slow further in 2018? A multifamily construction boom during 2015 and 2016 has boosted apartment vacancy rates, and pushed rental growth to a six-year low. But developers are already scaling back multifamily construction... 11th January 2018 · 1 min read
UK Commercial Property Data Response Bank of England Credit Conditions Survey (Q4) Mortgage credit availability edged up in Q4, while the supply of credit for commercial property held steady. But while conditions for households are expected to improve further in Q1, commercial... 11th January 2018 · 1 min read
US Housing Market Chart Pack Homes sales enjoy strong end to the year Home sales enjoyed a strong end to the year, with both new and existing sales now close to 11-year highs. But that boost to sales was not accompanied by any rise in mortgage applications for home... 9th January 2018 · 1 min read
UK Housing Market Data Response Halifax House Prices (Dec.) Annual house price growth ended 2017 at 2.7% – broadly in line with our forecast. With house prices very high relative to incomes and interest rates due to rise further this year, we think house price... 8th January 2018 · 1 min read
UK Housing Market Chart Pack No sign of housing market pick-up The past month has brought no evidence that the current housing market soft patch is coming to an end. Mortgage approvals are down compared to a year ago, while house price growth remains at low... 5th January 2018 · 1 min read
UK Economics Weekly A solid end to 2017 Recent evidence suggests that high-street spending has provided decent support to GDP growth in Q4. Admittedly, a weaker performance off the high street suggests that overall quarterly consumer... 5th January 2018 · 1 min read
UK Housing Market Data Response Mortgage Lending and Nationwide House Prices While mortgage approvals edged up in November, lending nonetheless remains weaker than a year ago. Meanwhile, house price growth stayed sluggish in December – at a level that is in line with our... 4th January 2018 · 1 min read
Nordic & Swiss Economics Update Twenty-fourth time lucky for the Riksbank? After bringing its net asset purchases to a close last month, the Riksbank reiterated that it expects to raise interest rates in September this year. The Bank’s track record suggests that this... 4th January 2018 · 1 min read
US Housing Market Data Response Mortgage Applications (Dec.) Mortgage applications for home purchase were flat in December, and have made no upward progress for two years. While there have been signs of life in the home sales data in recent months, the absence... 3rd January 2018 · 1 min read
US Housing Market Data Response CoreLogic House Prices (Nov.) House prices continued to rise steadily in November, in both monthly and annual terms. That seems consistent with the exceptionally low levels of inventory, as well as the continued strength of the... 2nd January 2018 · 1 min read
US Housing Market Outlook Housing starts and home sales show signs of life Housing activity is finally showing some signs of life. New home sales and single-family housing starts have both reached 10-year highs, as builders have started to respond to very tight market... 22nd December 2017 · 1 min read
UK Housing Market Chart Pack London Housing Chart Book: London market stuck in neutral London’s housing market is stuck in neutral, as high prices and tumbling house price expectations drive buyers away from the market. Looking ahead, with those buyers who are still active already at... 21st December 2017 · 1 min read
Australia & New Zealand Economics Weekly The risks to our 2018 forecasts Our money is on the Australian economy growing by 2.5% next year rather than 3.0%, which would mean growth is weaker than most expect and interest rates are likely to stay at 1.5%. If things are worse... 21st December 2017 · 1 min read
