UK Data Response Nationwide House Prices (May) December’s producer prices figures revealed that cost pressures in the manufacturing sector are continuing to intensify. But this should not prevent consumer price inflation from falling back in the... 27th May 2011 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Apr.) Although April’s late Easter and Royal Wedding celebrations may have depressed mortgage market activity, today’s weak figures are consistent with the struggling economic recovery. What’s more, the... 25th May 2011 · 1 min read
UK Housing Market Data Response Mortgage Arrears and Possessions (Q1) Against a backdrop of subdued wage growth and a weakening labour market, the rise in mortgage possession cases seen in the first quarter of the year is unlikely to be the last. 12th May 2011 · 1 min read
UK Housing Market Data Response CML Buy-To-Let Lending (Q1) The share of buy-to-let in the wider mortgage market continued to rise in the first three months of the year. But that has more to do with the weakness of activity among owner occupiers than... 12th May 2011 · 1 min read
UK Housing Market Data Response RICS Housing Market Survey (Apr.) The latest RICS housing market survey provides further evidence, if any were needed, that the house price outlook is weak. Most of the activity indicators deteriorated further in October and surveyors... 10th May 2011 · 1 min read
UK Data Response Halifax House Prices (Apr.) After stabilising in the past few months, the main house price indices again appear to be on their way back down. Given the weak activity data and the overvaluation in the market, this should come as... 9th May 2011 · 1 min read
UK Housing Market Data Response Land Registry Repeat Sales Index (Mar.) The small gain in house prices in January is unlikely to signal an end to the weakening trend in house prices. Indeed, if our economic forecasts are correct, the downward pressures on house prices are... 4th May 2011 · 1 min read
UK Housing Market Data Response Nationwide House Prices (Apr.) & Mortgage Lending (Mar.) The fact that mortgage lending continues to run at incredibly low levels is weighing on house prices. But while prices appear to be slipping only slowly for now, job losses from the fiscal... 4th May 2011 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Mar.) The mortgage market remained in the doldrums in March. Approvals for house purchase data suggest that buyers remained largely inactive in the face of the growing squeeze on household incomes, fragile... 27th April 2011 · 1 min read
UK Housing Market Data Response RICS Housing Survey & CLG House Prices (Mar/Feb) Very weak activity levels continued to exert a downward pressure on house prices in March. But while prices in London reportedly rose, in other regions the evidence suggests that the housing market... 12th April 2011 · 1 min read
UK Data Response Halifax House Prices (Mar.) Last month’s marginal increase in house prices is unlikely to set a trend for the rest of this year. With lenders further restricting the availability of credit and the fiscal squeeze intensifying... 6th April 2011 · 1 min read
UK Commercial Property Data Response Bank of England Credit Conditions Survey (Q1) Today’s Credit Conditions Survey suggested that there is unlikely to be a surge in lending flows in either the residential or commercial property market any time soon. Residential credit availability... 1st April 2011 · 1 min read
UK Housing Market Data Response Nationwide House Prices (Mar.) The latest rise in the Nationwide house price index adds to a number of recent data releases suggesting that prices may have stabilised in recent months. Although the extent of any further house price... 31st March 2011 · 1 min read
UK Housing Market Data Response Mortgage Lending (Feb.) Despite February’s small rise, mortgage approvals for house purchase remain below the level reported in November, before December’s surprise plunge. And looking further back, approvals are just 40% of... 29th March 2011 · 1 min read
UK Housing Market Data Response Land Registry Repeat Sales Index (Feb.) The small gain in house prices in January is unlikely to signal an end to the weakening trend in house prices. Indeed, if our economic forecasts are correct, the downward pressures on house prices are... 28th March 2011 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Feb 11) After falling fairly steadily through 2010, the latest rise suggests that mortgage approvals for house purchase may be finding a floor. But the bigger picture is that, with approvals for house... 23rd March 2011 · 1 min read
