UK Housing Market Update

UK RICS Residential Market Survey (Dec. 2025)

The continued weakness in buyer sentiment, the further rise in the supply of homes for sale and the softening in rental demand recorded by the RICS survey in December implies that the risks to our...

15th January 2026 · 3 mins read

US Housing Market Rapid Response

US Existing Home Sales (Dec 2025)

The boost to purchasing activity from the modest reduction in borrowing costs in the latter-half of 2025 continued to gather momentum in December, with existing home sales rising to an almost three...

14th January 2026 · 2 mins read

Australia & New Zealand Chart Pack

ANZ Chart Pack (Jan. 2026)

Our ANZ Chart Pack has been updated with the latest data and our analysis of recent developments. We believe the RBA will join the rather exclusive club of advanced economy central banks that tightens...

14th January 2026 · 1 min read

US Housing Market Update

Proposed investor restrictions won’t shift the outlook

The large institutional investors that President Trump has proposed excluding from the single-family market account for just 1% of home sales nationally, meaning barring them would not materially...

8th January 2026 · 4 mins read

UK Housing Market Rapid Response

UK Halifax House Prices (Dec. 2025)

The 0.6% m/m fall in the Halifax measure of house prices in December was the biggest monthly fall since August 2023, chimes with the 0.4% m/m fall in the Nationwide release last week and confirms that...

8th January 2026 · 3 mins read

UK Housing Market Update

House price growth to beat the consensus forecast in 2026

Lower inflation, lower interest rates, continued tight supply of new homes and the prospect of more high loan-to-income mortgage lending means we think annual house price growth will accelerate from 1...

6th January 2026 · 3 mins read

UK Economics Rapid Response

UK Money & Lending (Nov. 2025)

November’s money and lending figures suggest that while the pre-Budget speculation about tax rises had little influence on households’ borrowing decisions, they were inclined to save a bit more.

5th January 2026 · 3 mins read

Japan Economics Update

Bank of Japan isn’t falling behind the curve just yet

We aren’t convinced that the Bank of Japan is falling behind the curve despite the recent acceleration in bank lending. Nonetheless, there are few signs that BoJ rate hikes are resulting in tighter...

5th January 2026 · 3 mins read

UK Housing Market Rapid Response

UK Nationwide House Prices (Dec. 2025)

December’s 0.4% m/m decline in Nationwide house prices rounds off a tough year for the housing market and suggests the combination of still-high mortgage rates and weak employment are still weighing...

2nd January 2026 · 3 mins read

Australia & New Zealand Economics Update

Australia’s housing rally will soon slow in earnest

Australia’s house price rally lost some steam in December and if we’re right that the Reserve Bank of Australia will lift interest rates as soon as February this slowdown has further to run.

2nd January 2026 · 3 mins read

US Housing Market Rapid Response

US Case-Shiller/FHFA House Prices (Oct. 2025)

The healthy 0.3% m/m rise in house prices in October adds to evidence that the housing market has regained some momentum following the 75bp fall in mortgage rates earlier this year. Prices are now on...

30th December 2025 · 2 mins read

UK Housing Market Chart Pack

UK Housing Market Chart Pack (Dec. 2025)

While housing activity and prices have been resilient to uncertainty ahead of the Budget and the subdued economic backdrop, there are few signs of a post-Budget rebound in buyer sentiment. If...

17th December 2025 · 1 min read

Canada Economics Update

Canada Housing Watch (Dec. 2025)

The housing market weakened in November, with sales activity and house prices both recording declines. Even so, the further improvement in the sales-to-new-listing ratio raises our confidence that...

15th December 2025 · 4 mins read

UK Housing Market Update

UK RICS Residential Market Survey (Nov. 2025)

Despite three quarters of the survey responses being gathered after the Budget, November’s RICS survey suggests buyer sentiment fell further in November even though actual housing activity and prices...

11th December 2025 · 3 mins read

Australia & New Zealand Economic Outlook

RBA set to reverse course on rate cuts in 2026

The RBA is poised to join the rather exclusive club of advanced economy central banks that tightens policy in 2026. With growth accelerating when there’s little to no spare capacity and the labour...

10th December 2025 · 20 mins read