US Housing Market Rapid Response US Housing Starts (Jan 2026) Housing starts were strong in January, despite the poor weather, but permit data suggest that February’s number will be weaker. Meanwhile, the recent rebound in Treasury yields due to the Iran... 12th March 2026 · 2 mins read
US Housing Market Rapid Response US Existing Home Sales (Feb. 2026) The surprise rebound in existing home sales in February increases our confidence that January’s weakness was largely weather-related and that resale activity will pick up again in the Spring as more... 10th March 2026 · 2 mins read
US Housing Market Rapid Response US Mortgage Applications (Feb 2026) The sharp 15% fall in home purchase mortgage applications in February was probably due to temporary weather effects, as refinancing activity strengthened and mortgage costs continued to ease over the... 4th March 2026 · 2 mins 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
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
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
US Housing Market Rapid Response US Mortgage Applications (Jan. 2026) The large 8% rise in home purchase mortgage applications in January lifted them to their highest level in three years and is consistent with existing home sales rising to around 4.5m annualised over... 4th February 2026 · 2 mins read
US Housing Market Rapid Response US Case-Shiller/ FHFA House Prices (Nov 2025) The solid 0.5% rise in house prices in November builds on October’s upwardly-revised 0.4% rise, and we expect further price acceleration in the months ahead as a pick-up in demand meets nagging... 27th January 2026 · 2 mins read
US Housing Market Rapid Response US Existing Home Sales (Dec 2025) The boost to purchasing activity from the modest reduction in borrowing costs in the latter-half of 2025 continued to gather momentum in December, with existing home sales rising to an almost three... 14th January 2026 · 2 mins read
US Housing Market Rapid Response US New Home Sales (Sep. & Oct. 2025) New home sales remained above 700,000 annualised in October for the third month in a row, confirming that the combination of slightly lower borrowing costs and strong homebuilder sales incentives are... 13th January 2026 · 2 mins read
US Housing Market Rapid Response US Housing Starts (Sep. & Oct. 2025) Although the government shutdown-delayed residential construction report covering September and October showed a further weakening in housing starts, permit issuance picked up, suggesting we may have... 9th January 2026 · 2 mins read
US Housing Market Rapid Response US Case-Shiller/FHFA House Prices (Oct. 2025) The healthy 0.3% m/m rise in house prices in October adds to evidence that the housing market has regained some momentum following the 75bp fall in mortgage rates earlier this year. Prices are now on... 30th December 2025 · 2 mins read
US Housing Market Rapid Response US Existing Home Sales (Nov. 2025) Existing home sales rose to a nine-month high of 4.13m annualised in November and should climb further in the coming months, as deals agreed when borrowing costs fell in the third quarter continue to... 19th December 2025 · 2 mins read
US Housing Market Rapid Response US Mortgage Applications (Nov 2025) The second consecutive decline in mortgage activity in November, as the previous decline in mortgage rates came to an end, supports our view that home sales are unlikely to rise by as much as most... 3rd December 2025 · 2 mins read
