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
Canada Chart Pack Canada Chart Pack (Nov. 2025) We expect GDP growth to average less than 1% annualised over the second half of this year, with the unemployment rate rising toward 7.3% early next year. Core inflation is likely to remain above... 13th November 2025 · 1 min 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
Event UK Drop-In: Autumn Budget – What does it mean for the property outlook? 3rd December 2025, 3:00PM GMT In this special post-Budget session, our macro and property economists assessed the implications for commercial property returns.
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 Commercial Property Rapid Response S&P Global/CIPS UK Construction PMI (Oct. 25) 6th November 2025 · 1 min 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
US Housing Market Rapid Response US Mortgage Applications (Oct 2025) Mortgage activity dropped back this month as further declines in borrowing costs, which had boosted mortgage activity in August and September, were minimal. While the ongoing government closure... 5th November 2025 · 2 mins read
Australia & New Zealand Chart Pack ANZ Chart Pack (Nov. 2025) Recent developments reinforce the divergent outlooks for the Antipodean economies. The RBA has cut rates by just 75bp so far. Given the relative resilience of the Australian economy and ongoing signs... 3rd November 2025 · 1 min read
Australia & New Zealand Economics Update Rapid housing rebound will keep RBA on the sidelines Australia’s housing rally showed no signs of slowing in October. Given the RBA’s ongoing concerns about shelter inflation, the data reinforce our view that policy easing is unlikely to be on the... 3rd November 2025 · 3 mins read
UK Housing Market Rapid Response UK Nationwide House Prices (Oct. 2025) The rise in the Nationwide measure of house prices in October suggests that homebuyers may not be as fazed by the threat of tax rises in the Budget on 26 th November, potentially on property, as it... 31st October 2025 · 3 mins read
UK Economics Rapid Response UK Money & Lending (Sep. 2025) There is little evidence within September’s money and lending data that the prospect of tax rises in the Budget on 26th November is influencing households’ financial decisions just yet. 29th October 2025 · 3 mins read
US Housing Market Rapid Response US Case-Shiller/ FHFA House Prices (Aug 2025) The 0.2% m/m rise in house prices in August follows five months of flat or falling prices. We are predicting that a modest pick-up in demand paired with nagging undersupply will support prices in the... 28th October 2025 · 2 mins read
UK Housing Market Outlook Possible tax rises a further headwind to housing Due to our view that lingering fiscal concerns will mean gilt yields and therefore mortgage rates will fall by less than we previously thought, we now expect house prices in the year to Q4 to rise by... 27th October 2025 · 17 mins read
