UK Commercial Property Outlook UK Commercial Property Outlook: Stable yields mean steady returns Property yields saw no movement in 2025 and we expect that stability to continue over the next few years. We think the 10-year gilt yield will see a small fall to around 4.25% by the end of 2026, but... 27th February 2026 · 26 mins read
UK Housing Market Chart Pack UK Housing Market Chart Pack (Feb. 2026) The green shoots of a recovery in the housing market at the start of 2026 support other evidence that suggests the economy has strengthened. We think further falls in mortgage rates and looser lending... 25th February 2026 · 1 min read
Australia & New Zealand Chart Pack ANZ Chart Pack (Feb. 2026) Our ANZ Chart Pack has been updated with the latest data and our analysis of recent developments. The continued acceleration in Australia’s underlying inflation at the start of the year vindicates the... 25th February 2026 · 1 min read
US Housing Market Rapid Response US Case-Shiller/FHFA House Prices (Dec. 2025) The marked reacceleration in house price growth in December, to 5.5% on a three-month annualised basis from negative territory only four months prior, reflects strengthening housing demand as mortgage... 24th February 2026 · 2 mins read
US Housing Market Rapid Response US New Home Sales (Nov. & Dec. 2025) New home sales remained solid in November and December, even as the downward march in mortgage rates paused for breath. Because sales are recorded at contract signing, they likely softened in January... 20th February 2026 · 2 mins read
Europe Economics Update EZ housebuilding subdued, civil engineering growing There is likely to be an increase in civil engineering activity in the euro-zone this year as Germany’s government boosts infrastructure spending. However, we think that this boost will be smaller... 19th February 2026 · 2 mins read
Canada Economics Update Canada Housing Watch (Feb. 2026) The housing market weakened sharply in January, with home sales and house prices both plunging. While the housing market has been struggling for some time, the record-breaking winter storm that hit... 18th February 2026 · 4 mins read
US Housing Market Rapid Response US Housing Starts (Nov & Dec 2025) While housing starts ended the year strongly, and permit data suggest that January’s number should be even more positive, we continue to expect tightening financial conditions will pull starts back... 18th February 2026 · 2 mins read
US Commercial Property Rapid Response NYC won't be alone in facing difficult budget decisions New York City Mayor Zohran Mamdani's proposal for a 9.5% property tax hike to help address a shortfall in the city's budget is likely to be reflected in many other major US cities over the coming... 18th February 2026 · 2 mins read
Australia & New Zealand Economics Weekly Australia still facing elevated capacity pressures Data released this week reinforce the need for the RBA to tighten policy settings. Provisional figures suggest that private consumption growth accelerated in Q4 and is running above the pace... 13th February 2026 · 6 mins read
US Housing Market Rapid Response US Existing Home Sales (Jan 2026) The drop in existing home sales to a two-year low in January should prove temporary as the recent decline in borrowing costs feeds into greater homebuyer demand, notwithstanding some potential near... 12th February 2026 · 2 mins read
Canada Chart Pack Canada Chart Pack (Feb 2026) We expect GDP growth to be little more than 1% this year as household spending and investment remain subdued amid the immigration crackdown and start of CUSMA renegotiation. Despite soft employment... 12th February 2026 · 1 min read
UK Housing Market Update UK RICS Residential Market Survey (Jan. 2026) The green shoots of recovery indicated by January’s RICS housing market survey support other evidence that suggests the economy strengthened at the start of the year. And it lends some tentative... 12th February 2026 · 3 mins read
US Housing Market Update Buy versus rent dynamics favour apartment markets in the Midwest and New York State The large cost gap between buying and renting today underpins our upbeat national apartment demand forecast. Applying the same logic at the city level, demand in Midwestern and New York State metros... 10th February 2026 · 5 mins read
Canada Economics Weekly Housing could take a while to thaw The local real estate board data for January shows that the housing market is still struggling, and we probably can’t blame it all on the weather. Meanwhile, the large fall in the unemployment rate... 6th February 2026 · 4 mins read
UK Housing Market Rapid Response UK Halifax House Prices (Jan. 2026) The 0.7% m/m rebound in the Halifax measure of house prices in January suggests the housing market started 2026 on a stronger footing than the 0.3% m/m rise on the Nationwide index implied. We think... 6th February 2026 · 3 mins read
