UK Housing Market Data Response Land Registry Repeat Sales Index (May.) The latest Land Registry Repeat Sales index brought further evidence that the increase in supply and the weakening of demand seen over the past few months is beginning to undermine house prices. Tight... 28th June 2010 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (May.) Mortgage lending figures from the BBA ticked up in May, but are still indicative of a weak mortgage market. The numbers suggest that the latest falls in consumer confidence and the considerable... 23rd June 2010 · 1 min read
UK Housing Market Data Response FSA Mortgage Lending Statistics (Q1) The latest FSA lending data continue the trend of the previous two quarters with arrears and possessions improving but mortgage lending remaining very tight. 22nd June 2010 · 1 min read
UK Housing Market Data Response RICS Housing Survey & CLG House Prices (May/Apr) The rise in the RICS past prices balance is at odds with other evidence that the upswing in prices has lost momentum, or even begun to go into reverse. But the forward-looking balances in today's... 15th June 2010 · 1 min read
UK Data Response Halifax House Prices (May) The contradictory messages offered by the Halifax and Nationwide house price data make it almost impossible to draw clear conclusions about the health of the market. But, at the very least, May’s drop... 4th June 2010 · 1 min read
UK Data Response Nationwide House Prices (May) It is still early days, but our prediction last month that April would be the high water mark for house price inflation appears to have been borne out. For now, house prices continue to rise, but... 3rd June 2010 · 1 min read
UK Housing Market Data Response Mortgage Lending (Apr.) The latest rise in mortgage approvals for house purchase cannot disguise the bigger picture of a lending market that is depressed. The subdued picture for net lending might also mean that anyone... 2nd June 2010 · 1 min read
UK Housing Market Data Response RICS Lettings Survey (Apr.) On the face of it, the supply shortages which characterised the owner occupier market last year are in danger of becoming a feature of the private rental market. While this could provide a boost for... 26th May 2010 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Apr.) April’s soft mortgage lending data add weight to the idea that last year’s upturn in approvals overstated the underlying health of the housing market. Moreover, since the looming fiscal austerity... 26th May 2010 · 1 min read
UK Housing Market Data Response Mortgage Arrears and Possessions (Q1) The modest improvement in the labour market seen in the final months of last year appears to have helped reduce further the number of mortgage possessions and cases of mortgage arrears. As yet, there... 13th May 2010 · 1 min read
UK Housing Market Data Response CML Buy-to-Let Lending (Q1) Recent press reports have suggested that lenders are increasingly considering targeting a return to higher margin BTL lending. Today’s data suggest that such considerations have yet to deliver any... 13th May 2010 · 1 min read
UK Housing Market Data Response RICS Housing Market Survey (Apr.) The softer tone evident in most of the RICS housing market balances since the turn of the year was partially reversed in April. It will be at least another month or two, however, before we know... 11th May 2010 · 1 min read
UK Data Response Halifax House Prices (Apr.) News that the Halifax house price index suffered a marginal fall in April is a reminder that the recovery in house prices has not had a firm economic foundation. With the acute supply shortages that... 7th May 2010 · 1 min read
UK Housing Market Data Response Mortgage Lending (Mar.) March’s mortgage approval figures from the Bank of England confirm that demand is struggling to regain the ground lost at the start of the year. We suspect that the huge gap between house prices and... 4th May 2010 · 1 min read
UK Housing Market Data Response Land Registry Repeat Sales Index (Mar.) The drop in the Land Registry house price index in March is likely to be reversed in April. Even so, with the economy seeming to have lost a little momentum in the first quarter, the labour market... 30th April 2010 · 1 min read
UK Data Response Nationwide House Prices (Apr.) The contradictory messages offered by the Halifax and Nationwide house price data make it almost impossible to draw clear conclusions about the health of the market. But, at the very least, May’s drop... 29th April 2010 · 1 min read
