UK Housing Market Data Response Mortgage Lending (Aug.) The surprise jump in mortgage approvals in August probably reflected a rush to lock in mortgage offers as interest rates surged. There is a possibility that could be repeated next month, but... 30th September 2022 · 3 mins read
UK Commercial Property Data Response Lending to commercial property (Aug.) Net lending to commercial property was negative for the second consecutive month as economic headwinds weighed on investor sentiment. With the cost-of-living crisis constraining rental growth and... 30th September 2022 · 3 mins read
UK Housing Market Data Response Mortgage Lenders and Administrators Return (Q2 22) The detailed mortgage lending data for Q2 show solid lending volumes, growing leniency on deposit sizes and income multiples, and arrears at a record low. But the ongoing adjustment to higher interest... 14th September 2022 · 3 mins read
US Commercial Property Data Response Commercial Property Lending (Aug.) CRE lending saw an even stronger rise in August than in July, with multifamily and other commercial sectors both seeing a large increase in outstanding debt. But there are signs that the rate of... 12th September 2022 · 2 mins read
US Housing Market Chart Pack House price growth expectations turn negative Stretched affordability continued to weigh on housing market activity in July and August, leaving mortgage applications for home purchase down by 40% from their high in January. A renewed rise in... 9th September 2022 · 12 mins read
US Housing Market Data Response Mortgage Applications (Aug.) Home purchase applications fell for a fifth consecutive month in August, leaving them down by 40% from their high in January. With mortgage rates once again rising and against a backdrop of stretched... 7th September 2022 · 2 mins read
UK Commercial Property Data Response Lending to commercial property (Jul.) Net lending to the commercial property sector fell back in July, as mounting economic headwinds and stretched valuations weighed on investor sentiment. We expect lending will see further declines over... 30th August 2022 · 3 mins read
UK Housing Market Data Response Mortgage Lending (Jul.) While mortgage approvals ticked up in July, that only reversed a fraction of their previous decline. And the drag on buyer demand from the ongoing increase in mortgage rates and surging energy bills... 30th August 2022 · 3 mins read
US Housing Market Update Foreclosure rate headed for a small bump With the vast majority of mortgage borrowers protected by fixed rates, it is not a surprise that the early delinquency rate has risen only marginally since the start of the year. And our forecasts for... 24th August 2022 · 3 mins read
US Commercial Property Data Response Commercial Property Lending (Jun.) CRE lending growth was again strong in June, but outside of the multifamily sector, there are signs the rate of growth may have peaked. And with investment transactions slowing, we expect a... 18th July 2022 · 2 mins read
US Commercial Property Update Stronger signs that office sector distress will grow The large-scale deterioration in office NOIs that we predicted would occur by the end of 2025 appears, on the face of it, to be some way off. But offices are the only sector seeing rising delinquency... 15th July 2022 · 3 mins read
US Commercial Property Data Response Commercial Property Lending (May.) Commercial real estate debt continued to grow at a decent pace in May, in line with the recent strength in investment activity. However, we expect a weaker economic backdrop to weigh on commercial... 13th June 2022 · 2 mins read
US Commercial Property Data Response Commercial Property Lending (Apr.) Lending growth accelerated in April, seeing the strongest monthly gain in over 12 years. And with transactions having seen a fast start to the year, we think there is more to come in the next few... 16th May 2022 · 2 mins read
US Commercial Property Data Response Commercial Property Lending (Jan.) Commercial real estate debt growth slowed in January, although that still left it at a decent level. At this stage it is difficult to be sure whether slowing growth indicates a slower pace of... 14th February 2022 · 2 mins read
US Commercial Property Data Response Commercial Property Lending (Dec.) Commercial real estate debt ended 2021 with its largest monthly increase since the onset of the pandemic. Against a backdrop of strong investment activity, we expect commercial property lending to... 17th January 2022 · 2 mins read
US Commercial Property Data Response Commercial Property Lending (Nov.) Commercial real estate debt recorded its largest gain in November since the onset of the pandemic. And with investment volumes on track for a record-breaking year, we expect lending activity to remain... 13th December 2021 · 2 mins read
