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
UK Housing Market Rapid Response UK Halifax House Prices (Nov. 2025) The stagnation in the Halifax measure of house prices in November sends a weaker signal than the Nationwide release earlier this week. But with prices having only fallen once in the last six months... 5th December 2025 · 3 mins read
UK Housing Market Rapid Response UK Nationwide House Prices (Nov. 2025) The rise in the Nationwide measure of house prices in November provides further evidence that actual house prices have been more resilient to Budget uncertainty than some RICS sentiment indicators... 2nd December 2025 · 3 mins read
US Housing Market Chart Pack US Housing Market Chart Pack (Nov. 25) The Fed looks set to cut interest rates again in December, but we think investors are too optimistic about further easing next year. We expect only one 25bp cut in 2026, compared with roughly 75bp of... 1st December 2025 · 1 min read
Australia & New Zealand Economics Update Are first-time buyers fuelling the house prices rally? The less stringent criteria for accessing the government’s support scheme for first-time home buyers hasn’t noticeably boosted overall housing demand. Indeed, the key constraint remains extremely... 1st December 2025 · 3 mins read
Australia & New Zealand Economics Update Australian housing can’t buck its affordability problem Australia's house price growth picked up further in November and leading indicators suggest the rally has further to run. However, with the RBA unlikely to lower interest rates any further, mortgage... 1st December 2025 · 3 mins read
US Housing Market Rapid Response US Case-Shiller/ FHFA House Prices (Sep 2025) The 0.1% m/m rise in house prices in September matched August’s modest gain, and points to a tentative house price recovery from here. We are predicting that a pick-up in demand paired with nagging... 25th November 2025 · 2 mins read
UK Housing Market Update Mansion tax may not be as big as previously feared An average annual council tax surcharge in the Budget on 26 th November of possibly around £2,000 for owners of the most expensive homes may be only a modest drag on activity and prices at the top end... 21st November 2025 · 3 mins read
US Housing Market Update Has the Sun Belt lost its shine? Lower net domestic migration has substituted in for the earlier supply glut as the main factor putting downward pressure on house prices in the Sun Belt’s previously red-hot metros. We doubt the... 19th November 2025 · 5 mins read
UK Housing Market Chart Pack UK Housing Market Chart Pack (Nov. 2025) While the recent pace of transactions and house price growth is unlikely to be sustained over the coming months, we doubt it will slow by as much as some sentiment indicators suggest. But by crimping... 19th November 2025 · 1 min read
Canada Economics Update Canada Housing Watch (Nov. 2025) October’s housing data were broadly positive, with sales and prices both up on the month. We expect falling starts and a lower path for the Bank’s policy rate than markets are pricing in to drive a... 18th November 2025 · 4 mins read
UK Housing Market Update UK RICS Residential Market Survey (Oct. 2025) October’s RICS survey provides further evidence that Budget uncertainty is dampening buyer sentiment and is contributing to the continued decline in the supply of rental properties. Tax rises in the... 13th November 2025 · 3 mins read
UK Economics Chart Pack UK Economics Chart Pack (Nov. 2025) If the Chancellor raises taxes by around £38bn (1.1% of GDP) in the Budget on 26th November as we expect, that may knock 0.2 percentage points off our 2026 GDP growth forecast of 1.2%. But it supports... 7th November 2025 · 1 min read
UK Housing Market Rapid Response UK Halifax House Prices (Oct. 2025) The chunky rebound in the Halifax measure of house prices in October chimes with the recent monthly rises on the alternative Nationwide measure and implies that September’s 0.3% m/m fall was a blip... 7th November 2025 · 3 mins read
UK Housing Market Focus How could the Budget influence UK housing? Tax rises of about £38bn in the Budget on 26th November, mostly for households and potentially on property, would be a headwind for housing activity and prices, particularly at the top end of the... 5th November 2025 · 16 mins read
