UK Housing Market Data Response Nationwide House Prices (June/Q2) After edging lower in each of the past three months, the Nationwide house price index bounced back in June to leave house prices more or less unchanged from their level in February. 28th June 2017 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (May.) Mortgage approvals fell in May, and the near term outlook is subdued. But with the economic backdrop a little stronger in Q2 and interest rates still supportive, mortgage approvals should begin to... 26th June 2017 · 1 min read
UK Housing Market Data Response UK House Price Index (Apr.) and MLAR statistics (Q1) House price growth accelerated in March. But Bank of England data suggests that both LTVs and LTIs have been falling. Combined with falling buyer enquiries, that suggests price growth will cool again... 13th June 2017 · 1 min read
UK Housing Market Data Response RICS Residential Market Survey (May.) Buyer enquiries fell in May, ending five months of broadly flat demand. But with long-term price and sales expectations firmly in positive territory, the survey seems consistent with our view that the... 8th June 2017 · 1 min read
UK Housing Market Data Response Halifax House Prices (May.) House prices rose a little in May, ending a four-month streak of flat or falling prices. But subdued buyer demand suggests that they will rise only a touch over the remainder of 2017. 7th June 2017 · 1 min read
UK Housing Market Data Response Nationwide House Prices (May.) House prices have now fallen for three months in a row. But in the context of the the strong price gains seen in recent years, there is little cause for concern. 1st June 2017 · 1 min read
UK Housing Market Data Response Mortgage Lending (Apr.) Mortgage lending fell for a third consecutive month in April. But with Q1’s sluggish GDP growth unlikely to be repeated, unemployment very low, and mortgage rates looking attractive, we expect... 31st May 2017 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Apr.) and Housebuilding (Q1) While mortgage lending has softened in recent months, housebuilders have fared better, increasing the rate of construction in Q1 – a trend we expect to continue. And, with the first quarter’s economic... 25th May 2017 · 1 min read
UK Housing Market Data Response CML Lending Trends (Q1 2017) Growth in house purchase mortgage advances is stuck in low gear, as high prices weigh on demand and BTL lending remains sluggish. Barring a major relaxation in lending terms, which is unlikely, we... 17th May 2017 · 1 min read
UK Housing Market Data Response UK House Price Index (Mar.) House prices fell in March, as annual house price growth London and its surrounding regions slowed particularly sharply. That said, with demand rising gently and prime prices recovering, it is too... 16th May 2017 · 1 min read
UK Housing Market Data Response RICS Residential Market Survey (Apr.) Today’s data from the RICS paint a gloomy picture for demand and activity in the housing market. That appears consistent with our view that house price growth will be constrained by the pace of... 11th May 2017 · 1 min read
UK Housing Market Data Response Halifax House Prices (Apr.) House prices fell a touch in April – meaning that prices have now failed to rise for four months running. However, with both the economic backdrop and future price expectations still solid, a house... 8th May 2017 · 1 min read
UK Housing Market Data Response Mortgage Lending (Mar.) Mortgage approvals for house purchase fell in March, weighed down by high house prices and subdued buyer enquiries. Yet with the economic backdrop still supportive, lending should gradually recover... 4th May 2017 · 1 min read
UK Housing Market Data Response Nationwide House Prices (Apr.) & BBA Mortgage Lending (Mar.) Mortgage approvals for house purchase fell in March and that subdued demand was, in turn, reflected by a modest dip in house prices in April. The main reason for this slowdown is high house prices... 28th April 2017 · 1 min read
UK Housing Market Data Response RICS Survey (Mar.) & Credit Conditions Survey (Q1) While mortgage availability held up in Q1, data from the Bank of England and the RICS paint a subdued picture for demand. That suggests that a resurgence in house price or activity growth is unlikely... 13th April 2017 · 1 min read
UK Housing Market Data Response UK House Price Index (Feb.) The official house price index recorded a pick-up in house price growth during February. But with the index recently overstating house price pressures, that result should be interpreted with care. 11th April 2017 · 1 min read
