Europe Economics Update ECB Bank Lending & Consumer Expectations Surveys The ECB’s Q1 Bank Lending Survey (BLS) suggests that the negative effects of higher energy prices on economic activity in the euro-zone could be bigger than we have assumed. At the same time, the jump... 28th April 2026 · 2 mins read
UK Housing Market Update How far will the Iran war push up UK homebuilding costs? A renewed rise in homebuilding construction costs due to the jump in energy prices since the start of the Iran war will only further constrain homebuilders’ profits and housing starts. This poses some... 27th April 2026 · 5 mins read
US Chart Pack US Chart Pack (Apr. 2026) Higher gasoline prices will weigh moderately on consumption, but there are signs that investment will broaden out beyond AI-related spending. We expect GDP growth to average 2.2% this year and next... 23rd April 2026 · 0 mins read
UK Commercial Property Chart Pack UK Commercial Property Chart Pack (Apr. 26) The Iran conflict has increased uncertainty and pushed up long-term interest rates, both of which will weigh on investment activity over the next few months. But property yields saw no rise in March... 22nd April 2026 · 1 min read
Canada Chart Pack Canada Chart Pack (Apr. 2026) The economic fallout from events in the Middle East is developing broadly in line with our baseline scenario, leaving WTI on track to average $80/barrel in the second half of the year. The reduced... 22nd April 2026 · 1 min read
Canada Economics Weekly Majority rules Prime Minister Mark Carney was swift to put his newfound majority to use this week, announcing a suspension of the federal gasoline tax for the next few months. That will not have a huge impact, but... 17th April 2026 · 6 mins read
Canada Economics Update Canada Housing Watch (Apr. 2026) The housing market continued to struggle in March and the recent rebound in fixed mortgage rates, driven by the spike in oil prices, suggests that house prices will fall further in the coming months. 16th April 2026 · 4 mins read
Australia & New Zealand Economics Update Tax changes wouldn’t impact housing market much Australia’s government is mulling tax changes that would make it less attractive for investors to buy rental properties. While that may result in small falls in house prices and could reduce the... 15th April 2026 · 3 mins read
US Housing Market Rapid Response US Existing Home Sales (Mar. 2026) Existing home sales fell back below the historically weak 4m annualised level in March and prospects for April do not look much better, as timely indicators point to weakening housing demand following... 13th April 2026 · 2 mins read
UK Housing Market Update UK RICS Residential Market Survey (Mar. 2026) After a steady start to the year for the housing market, March’s RICS housing market survey suggests that the rise in mortgage rates since the start of the Iran war is continuing to take an... 9th April 2026 · 3 mins read
UK Housing Market Chart Pack UK Housing Market Scenarios Chart Pack (Apr. 2026) This UK Housing Market Scenarios Chart Pack builds on the analysis and scenario forecasts published in the Global Property Outlook (see here) to provide more detail on how the Iran War could influence... 8th April 2026 · 1 min read
US Housing Market Rapid Response US Mortgage Applications (Mar. 2026) As the timeliest housing activity data we get, the drop in home purchase mortgage applications throughout March is the first clear evidence of homebuyers pulling back in response to higher borrowing... 8th April 2026 · 2 mins read
UK Commercial Property Rapid Response S&P Global/CIPS UK Construction PMI (Mar. 26) The headline CIPS construction PMI saw a surprising tick higher in March. But with the input price index climbing precipitously and new orders and future business expectations dropping back, it’s... 8th April 2026 · 2 mins read
UK Housing Market Rapid Response UK Halifax House Prices (Mar. 2026) The fall in the Halifax measure of house prices in March chimes with the renewed drop in buyer sentiment in February’s RICS housing market survey. As the Halifax index is based on mortgage approvals... 8th April 2026 · 3 mins read
Global Property Outlook Iran war’s property impact will be small and short-lived Given the fast-moving nature of events in Iran and the Strait of Hormuz, this global publication brings together our updated residential and commercial property market analysis and forecasts. It... 1st April 2026 · 23 mins read
Australia & New Zealand Economics Update Australian housing market poised for a downturn Australian house prices have lost some momentum in recent months. With the Reserve Bank of Australia set to hike rates to 4.60% in the coming months, we think house prices will fall outright before... 1st April 2026 · 4 mins read
