UK Housing Market Data Response RICS Residential Market Survey (May.) This morning’s RICS data report that April’s slump in new buyers and sellers deepened in May. This is consistent with our view that house price growth will slow markedly over the course of 2016. 9th June 2016 · 1 min read
UK Housing Market Data Response Halifax House Prices (May.) Today’s data from the Halifax show that April’s drop in house price growth was partially reversedin May. But looking at the bigger picture, with house prices still growing far faster than wages, we... 7th June 2016 · 1 min read
UK Housing Market Data Response Nationwide HPI & Mortgage Lending (May/Apr) April’s drop in mortgage approvals was an expected response to the recent changes in stamp duty for additional homes and it gives us little new information. But the further easing in the Nationwide... 1st June 2016 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Apr.) and Housebuilding (Q1) BBA mortgage data show a temporary slump in lending in April, following the stamp duty surcharge coming into force. And while housing starts fell in Q1, easing production constraints suggest that this... 26th May 2016 · 1 min read
UK Housing Market Data Response RICS Residential Market Survey (Apr.) New buyer enquiries fell into negative territory for the first time in over a year in April, as the higher rate of stamp duty for additional homes came into force. And the effects of the new tax... 12th May 2016 · 1 min read
UK Housing Market Data Response Halifax House Prices (Apr.) House prices fell in April according to the Halifax index. And with economic sentiment cooling, house prices high and demand growth slowing, we see house price growth softening further over the... 9th May 2016 · 1 min read
UK Housing Market Data Response Mortgage Lending (Mar.) Mortgage approvals for house purchase dipped a little in March, as the number of new buyers seeking to transact ahead of the stamp-duty surcharge tailed off. But gross lending surged, as those BTL and... 29th April 2016 · 1 min read
UK Housing Market Data Response Nationwide (Apr.) and Land Registry (Mar.) House Price House price growth in April slowed according to the Nationwide index, while the Land Registry’s data showed a month-on-month fall in prices during March. With the economic outlook more subdued and... 28th April 2016 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Mar.) The number of house purchase mortgage approvals in the BBA data for high street banks fell in March. That said, with economic conditions still broadly supportive and interest rates at record lows, we... 26th April 2016 · 1 min read
UK Housing Market Data Response RICS Residential Market Survey (Mar.) Today’s survey data from RICS confirms that the boost to activity generated by April’s stamp duty deadline has peaked. And with the stamp duty deadline now passed, activity should moderate and price... 14th April 2016 · 1 min read
UK Housing Market Data Response Bank of England Credit Conditions Survey (Q1) Lenders reported a small drop in credit availability to the residential sector in the first quarter of 2016, although they expect this to be temporary. Similarly, lenders are also displaying a degree... 13th April 2016 · 1 min read
UK Housing Market Data Response Halifax House Prices (Mar.) According to the Halifax index, house price inflation move back in to double-digit territory last month. But the data are something of an outlier, with most other sources pointing to a rate of... 7th April 2016 · 1 min read
UK Housing Market Data Response Mortgage Lending (Feb.) Mortgage approvals for house purchase dipped in February. This is further evidence suggesting that the surge in activity ahead of the introduction of a stamp duty surcharge on additional homes has... 31st March 2016 · 1 min read
UK Housing Market Data Response Land Registry Repeat Sales Index (Feb.) House price growth slowed in February – further evidence that the surge in buyer activity ahead of the introduction of the stamp duty surcharge in April has had little effect on prices so far. 30th March 2016 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Feb.) Mortgage approvals for house purchase among the BBA’s group of high street banks cooled in February. This adds to a growing body of evidence that investors’ rush to transact ahead of April’s stamp... 24th March 2016 · 1 min read
UK Housing Market Data Response RICS Residential Market Survey (Feb.) The new buyer enquiries balance dipped a little in February – a tentative sign that the surge of buyers ahead of April’s stamp duty deadline may have already peaked. 10th March 2016 · 1 min read
