UK Housing Market Data Response Mortgage Lending (Aug.) The number of mortgages approved for house purchase dropped once again in August. Housing demand is cooling on the back of high house prices, but as price gains moderate and real earnings pick up... 29th September 2014 · 1 min read
UK Housing Market Data Response Land Registry Repeat Sales Index (Aug.) The large 1.0% m/m rise in house prices in August reported by the Land Registry reflects tight market conditions in the spring. But forward looking indicators continue to point to a cooling in housing... 26th September 2014 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Aug.) The main high street banks cut the number of mortgages approved for house purchase for the second month in a row in August, to their lowest level in a year. Weak housing demand argues against a... 23rd September 2014 · 1 min read
UK Housing Market Data Response RICS Residential Market Survey (Aug.) The housing market appears to be at risk of becoming becalmed as buyers fret about sky high prices and the prospect of higher borrowing costs. 11th September 2014 · 1 min read
UK Housing Market Data Response Mortgage Lenders and Administrators Statistics (Q2) The mortgage market continues on its long road to recovery, with an increase in the total value of loans advanced and evidence that higher loan-to-value lending is finally seeing something of a... 9th September 2014 · 1 min read
UK Housing Market Data Response Halifax House Prices (Aug.) Halifax reported that house prices were essentially flat in August, with a gain of only 0.1% during the month. Given the volatility of monthly data recently, it is hard to draw any firm conclusions... 8th September 2014 · 1 min read
UK Housing Market Data Response Mortgage Lending (Jul.) The Bank of England reported that mortgage approvals for house purchase contracted marginally in July. But with the disruption caused by the MMR fading and a strong economic backdrop, lending should... 1st September 2014 · 1 min read
UK Housing Market Data Response Nationwide (Aug.) & Land Registry (Jul.) House Prices The Nationwide and Land Registry both reported strong month-on-month rises in house prices in August and July respectively. But underlying measures suggest the momentum in the market is now... 29th August 2014 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Jul.) The BBA reported that banks approved fewer mortgages for house purchase in July compared to the previous month. But with the employment rate close to a record high and house price expectations... 26th August 2014 · 1 min read
UK Housing Market Data Response Housebuilding (Q2) The marginal gain in housing starts in the second quarter suggests that material and labour shortages are constraining housebuilders’ output. Despite the impetus from the Help to Buy equity loan... 21st August 2014 · 1 min read
UK Housing Market Data Response RICS Residential Market Survey (Jul.) New buyer enquiries contracted marginally in July according to the RICS survey, which should help cool house price inflation. But the stock of property on the market is still very low, and price... 14th August 2014 · 1 min read
UK Housing Market Data Response CML Lending Trends (2014 Q2) The number of mortgages advanced for house purchase in the second quarter rose by 19% compared to a year earlier according to the CML, which suggests that the MMR has not slammed the brakes on lending... 11th August 2014 · 1 min read
UK Housing Market Data Response Halifax House Prices (Jul.) The volatility in the Halifax measure of house prices continues, with a rise of 1.4% in July more than reversing last month’s drop. The underlying rate of growth has now accelerated, but given other... 6th August 2014 · 1 min read
UK Housing Market Data Response Nationwide House Prices (Jul.) House price growth eased in July according to the Nationwide, with a rise of just 0.1% m/m – the slowest since April last year. A slowdown in growth was expected, given the drop in sales seen in... 31st July 2014 · 1 min read
UK Housing Market Data Response Mortgage Lending (Jun.) The disruption caused by the MMR appears to be passing, with the Bank of England reporting a healthy rise in mortgage approvals in June. A strong economic recovery will ensure that lending grows... 29th July 2014 · 1 min read
UK Housing Market Data Response Land Registry Repeat Sales Index (Jun.) The Land Registry reported that house prices were flat in June, which led to the first drop in the annual rate in a year. That is consistent with other measures indicating a slowdown in the housing... 28th July 2014 · 1 min read