Australia & New Zealand Economics Update Why the housing slump won’t derail consumption Even though the current housing downturn is set to become the deepest on record, we don’t expect households to tighten their belts much. With the savings rate already above average, the main drag on... 10th November 2026 · 3 mins read
UK Housing Market Rapid Response UK Lloyds House Prices (Oct. 2026) The big 0.6% m/m fall in the Lloyds measure of house prices in October (CE forecast -0.1%, consensus forecast -0.1%) lays bare the impact that high mortgage rates are having on the housing market... 6th November 2026 · 3 mins read
Australia & New Zealand Economics Weekly Investors are underestimating scope for RBA rate cuts Investors share our view that the RBA’s fifth rate hike this year marked the last in the current tightening cycle. But we think that they are underestimating the extent to which the Bank will loosen... 6th November 2026 · 3 mins read
UK Commercial Property Chart Pack UK Commercial Property Chart Pack (Nov. 26) Higher risk-free interest rates are putting upward pressure on property yields, although all-property yields have seen a relatively small 7bps rise in the year to Q3. Nevertheless, capital values are... 5th November 2026 · 1 min read
UK Commercial Property Rapid Response S&P Global/CIPS UK Construction PMI (October 26) Having improved in September, the headline construction PMI fell back in October. At 43.6, the level was the lowest since June. Both the commercial and housing activity balances worsened over the... 5th November 2026 · 1 min read
Europe Economics Update New housing measures won’t fix Spain’s supply problems Spain’s new rent controls will do little to ease the country’s worsening housing shortage. While the government has pledged nearly €900mn in support for homebuilding and social housing, that will... 4th November 2026 · 3 mins read
Australia & New Zealand Economics Update House prices will plunge by more than 10% Australia’s house prices have never fallen as rapidly as they have in the current downturn and we now expect them to eventually fall by more than 10% for the first time in the country’s modern history... 2nd November 2026 · 3 mins read
UK Housing Market Rapid Response UK Nationwide House Prices (Oct. 2026) The stagnation in the Nationwide measure of house prices in October (Capital Economics forecast +0.1%, consensus -0.1%) is probably a brief hiatus in the recent decline in prices rather than a sign of... 30th October 2026 · 2 mins read
Australia & New Zealand Economics Weekly Restrictive policy will bring inflation to heel With Australia's inflation problem proving stubborn, we expect the RBA to hike again next week. Core market services inflation has accelerated, while rising import costs for electronics threaten to... 30th October 2026 · 5 mins read
UK Housing Market Chart Pack UK Housing Market Chart Pack (Oct. 2026) Despite a modest boost to housing demand from the Your First Home scheme, high mortgage rates will limit house price gains to just 1.5% in the year to Q4 2027. By making it difficult for renters to... 29th October 2026 · 1 min read
UK Commercial Property Update RICS survey signals only a modest fall in UK commercial property values The Q3 RICS survey suggests UK commercial property values remain under pressure from high interest rates, but it does not point to a sharp downturn. While occupier and investment sentiment weakened... 29th October 2026 · 3 mins read
UK Housing Market Update Budget offers little respite for housing and landlords While the Budget on 28 th October was small for housing, the surprise was the further tax hike on private landlords’ rental income from April 2027. By either directly raising rents as landlords pass... 29th October 2026 · 3 mins read
UK Economics Rapid Response UK Money & Lending (Sep. 2026) September’s money and lending figures suggest households are still cushioning the blow from higher energy prices by borrowing more and saving less, and that high mortgage rates continue to restrain... 29th October 2026 · 3 mins read
Australia & New Zealand Chart Pack ANZ Chart Pack (October 2026) Our ANZ Chart Pack has been updated with the latest data and our analysis of recent developments. Underlying inflation in Australia gained traction in Q3, while leading indicators suggest that it will... 29th October 2026 · 1 min read
US Housing Market Update Apartment rental growth on track for a steady recovery Early indications point to a tightening in the apartment market now that the post-pandemic supply boom has run its course. We expect asking rent growth to recover steadily, reaching 3% p.a. in 2027-28... 27th October 2026 · 2 mins read
US Housing Market Rapid Response US Case-Shiller/FHFA House Prices (Aug. 2026) Although house prices posted another healthy rise in August, momentum will quickly fade as the backward-looking price indices begin to capture the recent collapse in housing demand in response to... 27th October 2026 · 2 mins read
