UK Housing Market Data Response Halifax House Prices (Oct.) A fourth consecutive monthly fall in house prices points to a strengthening downward trend in the housing market. With demand constrained by concerns over employment and incomes, this trend is set to... 6th November 2012 · 1 min read
UK Housing Market Data Response Nationwide House Prices (Oct. 12) House prices edged up in October, continuing their recent see-saw pattern. In the absence of any evidence of a sustained upturn in effective housing demand, the data do not change our view that prices... 1st November 2012 · 1 min read
UK Housing Market Data Response Mortgage Lending (Sep.) The news that mortgage lending is rising while mortgage rates are dropping may be a sign that the FLS is starting to make an impact. But the changes are marginal, and it will take a lot more than a... 29th October 2012 · 1 min read
UK Housing Market Data Response Land Registry Repeat Sales Index (Sep. 12) The September Land Registry house price data provide further evidence that the housing market is refusing to join the good news party. If anything, it appears to be weakening further. 26th October 2012 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Sep. 12) There was a further slight uptick in mortgage approvals in September, but it would be premature to view this as the start of a sustained recovery in the housing market. The improvement was modest, and... 23rd October 2012 · 1 min read
UK Housing Market Data Response RICS Housing Market Survey (Sep. 12) It will be tempting to regard the September RICS survey as early evidence that the housing market is returning to life. But the improvement is relatively modest. And until the key drivers of the... 9th October 2012 · 1 min read
UK Housing Market Data Response Halifax House Prices (Sep.) Halifax recorded a further decline in house prices during September, which means prices have now fallen in every month of the third quarter. And with the economy still struggling to grow, this trend... 4th October 2012 · 1 min read
UK Housing Market Data Response Nationwide House Prices (Sep.) The Nationwide index ended the third quarter on a weak note. Taken with yesterday’s weak mortgage lending data it certainly seems as though the housing market is one area where there is precious... 2nd October 2012 · 1 min read
UK Housing Market Data Response Mortgage Lending (Aug. 12) Mortgage approvals for house purchase were little changed in August. And with mortgage rates still increasing despite the introduction of the FLS, we are doubtful a sustained recovery is imminent. 1st October 2012 · 1 min read
UK Housing Market Data Response Land Registry Repeat Sales Index (Aug. 12) House prices were flat in August according to the Land Registry, and even prices in London showed no change. But demand for £2m+ houses as a perceived safe asset continues to grow, despite the... 28th September 2012 · 1 min read
UK Commercial Property Data Response Bank of England Credit Conditions Survey (Q3) Respondents to the latest Bank of England Credit Conditions survey reported a sharp rise in the availability of mortgage finance in Q3 and expect this to continue over the next three months. By... 26th September 2012 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Aug.) The recovery from June’s sharp dip in mortgage approvals continues, but the broader picture remains one of a subdued lending environment. There is no sign as yet that Government efforts to revive the... 25th September 2012 · 1 min read
UK Housing Market Data Response FSA Mortgage Lending Statistics (Q2) Mortgage arrears continued to decline in Q2, and there is some tentative evidence that high LTV lending is starting to recover. But with mortgage rates still edging higher, tight credit conditions... 11th September 2012 · 1 min read
UK Housing Market Data Response RICS Housing Market Survey (Aug.) The main survey balances from the RICS were broadly unchanged in August. Activity remains very depressed, and prices are continuing to drift lower. But surveyors are still hopeful that sales will rise... 11th September 2012 · 1 min read
UK Housing Market Data Response Halifax House Prices (Aug) The small drop in house prices in August provides further evidence that prices are on a gradual downwards trajectory. And there is little in either the housing or wider economic data to suggest that... 6th September 2012 · 1 min read
UK Housing Market Data Response Nationwide House Prices (Aug. 12) This month’s strong rise in house prices is something of a surprise, given the weak level of activity in the housing market and economy more generally. It is therefore unlikely that price rises will... 31st August 2012 · 1 min read
