UK Housing Market Data Response RICS Lettings Survey (Oct.) A rise in supply and an easing in the pace of tenant demand growth led to a softening in rental value growth in the three months to October. That trend is likely to continue as affordability... 7th December 2011 · 1 min read
UK Data Response Halifax House Prices (Nov.) This month’s fall in the Halifax house price index was hardly a surprise given other recent, downbeat economic news. And with the labour market weakening rapidly and the economy on the brink of... 6th December 2011 · 1 min read
UK Data Response Nationwide House Prices (Nov.) & Mortgage Lending (Oct.) The Nationwide house price index remains surprisingly resilient in the face of falling confidence and weak mortgage demand. But with the labour market now deteriorating rapidly, the balance of risks... 29th November 2011 · 1 min read
UK Housing Market Data Response Land Registry Repeat Sales Index (Oct.) Today’s data from the Land Registry show that house prices in London fell for the second consecutive month. While those falls could yet be reversed, the drop in London prices seems consistent with the... 28th November 2011 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Oct.) October’s rise in mortgage approvals reversed a large part of last month’s fall. But with the impact of the substantial deterioration in the labour market yet to have fed through fully to housing... 23rd November 2011 · 1 min read
UK Housing Market Data Response Land Registry Flash Repeat Sales Index (Oct.) The continued fall in the Land Registry’s measure of house prices is in contrast to the stability reported by the other main indices. Nevertheless, it sits comfortably with recent reports of large... 16th November 2011 · 1 min read
UK Housing Market Data Response Mortgage Arrears and Possessions (Q3) On the face of it, the decline in mortgage arrears and the fact that the number of possessions rose only marginally are encouraging. However, against the backdrop of rising unemployment and falling... 10th November 2011 · 1 min read
UK Housing Market Data Response CML Buy-To-Let Lending (Q3) The buy-to-let sector increased its share of total mortgage advances again in the third quarter. While that is a trend that probably has further to run, we don’t think that lending to the sector can... 10th November 2011 · 1 min read
UK Housing Market Data Response RICS Housing Market Survey (Oct) The latest RICS Housing Market Survey pointed to a marginal improvement in some activity measures this month. But there was nothing in the survey to suggest that the gradual decline in house prices... 8th November 2011 · 1 min read
UK Data Response Halifax House Prices (Oct.) The latest rise in house prices in October adds to the evidence that a lack of properties for sale is supporting prices. However, if the recent signs of a fresh downturn in the labour market are... 7th November 2011 · 1 min read
UK Data Response Nationwide House Prices (Oct.) The latest rise in the Nationwide measure of house prices is further confirmation that, for now, subdued demand for housing is being offset by a lack of properties for sale. But we suspect that house... 1st November 2011 · 1 min read
UK Housing Market Data Response Mortgage Lending (Sep.) Today’s fall in mortgage approvals is consistent with other evidence that household finances are under strain and confidence is very weak. It looks as though the modest recovery in mortgage lending... 31st October 2011 · 1 min read
UK Housing Market Data Response Land Registry Repeat Sales Index (Sep.) With few bright spots in the wider economic recovery, the marginal pace of house price falls recorded in September is only likely to increase moving into next year. 29th October 2011 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Sep.) It is too early to tell whether the latest fall in the BBA mortgage approval numbers is the beginning of a renewed downward trend. However, against the gloomy economic outlook and difficult conditions... 26th October 2011 · 1 min read
UK Housing Market Data Response RICS Housing Market Survey (Sep) The RICS Housing Market Survey suggests that the market remained in limbo in September. In particular, there was nothing in the survey to provide hope that the recent rise in mortgage approvals was... 12th October 2011 · 1 min read
UK Data Response Halifax House Prices (Sep.) The latest fall in the Halifax house price index seems to echo recent downbeat news on the economy. While low interest rates make judging the timing difficult, the gloomy economic outlook suggests... 7th October 2011 · 1 min read
