UK Commercial Property Rapid Response S&P Global/ CIPS Construction PMI (Dec. 24) The headline CIPS construction PMI eased to a six-month low of 53.3 in December, from 55.2 in November, although that indicates construction activity is still expanding. The decline in the headline... 7th January 2025 · 1 min read
UK Housing Market Rapid Response UK Halifax House Prices (Dec. 2024) The small fall in the Halifax house price index in December is at odds with the chunky rise in the Nationwide measure and suggests that recent rises in mortgage rates started to weigh on the housing... 7th January 2025 · 3 mins read
UK Economics Rapid Response UK Money & Lending (Nov. 2024) November’s money and lending data suggests that households’ caution with their borrowing and saving ahead of the Budget hasn’t gone away. As a result, today’s release adds further downside risk to our... 3rd January 2025 · 3 mins read
UK Housing Market Rapid Response UK Nationwide House Prices (Dec. 2024) December’s better-than-expected 0.7% m/m increase in Nationwide house prices means that prices continued to gather momentum at the end of last year despite the rise in mortgage rates, rising by a... 2nd January 2025 · 3 mins read
UK Housing Market Rapid Response UK Halifax House Prices (Nov. 2024) The leap in Halifax house prices in November mirrors the jump in the Nationwide measure and suggests that some relief rally or release of pent-up demand after the Budget has more than offset the... 6th December 2024 · 3 mins read
UK Commercial Property Rapid Response S&P Global/ CIPS Construction PMI (Nov. 24) The headline CIPS construction PMI increased to 55.2 in November, from 54.3 in October, indicating an expansion of construction activity. 5th December 2024 · 1 min read
UK Housing Market Rapid Response UK Nationwide House Prices (Nov. 2024) November’s surprisingly large rise in the Nationwide house price index suggests the housing market is picking up momentum despite recent rises in mortgage rates. With housing affordability still... 2nd December 2024 · 3 mins read
UK Economics Rapid Response UK Money & Lending (Oct. 2024) October’s money and lending figures suggest that Budget worries prompted households to become more cautious with their borrowing and saving. Moreover, November’s weak activity data suggest the tax... 29th November 2024 · 3 mins read
UK Housing Market Rapid Response UK Halifax House Prices (Oct. 2024) October’s 0.2% m/m rise in Halifax house prices suggests that the recent momentum in house prices has a bit further to run. And while the recent rises in swap rates suggest mortgage rates will soon... 7th November 2024 · 4 mins read
UK Housing Market Rapid Response UK Nationwide House Prices (Oct. 2024) October’s 0.1% m/m rise in Nationwide house prices was a bit weaker than expected (consensus forecast +0.3% m/m, CE +0.4% m/m) and suggests that the recent falls in mortgage rates may be providing... 1st November 2024 · 3 mins read
UK Economics Rapid Response Despite large rise in taxes, Budget still boosts economy This Budget is big, both in the way it defines the government’s plans and the money it raises and spends. The key point is that it loosens fiscal policy relative to previous plans and is therefore... 30th October 2024 · 3 mins read
UK Economics Rapid Response UK Money & Lending (Sep. 2024) Although consumer confidence has fallen ahead of the Budget, there is little evidence in September’s money and lending figures that Budget worries are having a big influence on households’ financial... 29th October 2024 · 3 mins read
UK Housing Market Rapid Response Halifax House Prices (Sep. 2024) The third consecutive monthly rise in the Halifax house price index in September provides further evidence that the falls in mortgage rates are supporting demand and pushing up house prices. 7th October 2024 · 3 mins read
UK Commercial Property Rapid Response S&P Global/CIPS Construction PMI (Sep 24) The headline CIPS construction PMI rebounded to a 2½ year high of 57.2 in September as the prospect of lower interest rates, rising capital values and a government committed to boosting home... 4th October 2024 · 1 min read
UK Economics Rapid Response UK Money & Lending (Aug. 2024) August’s money and lending data provide further evidence that the gradual improvement in credit demand and supply in response to the falls in lending rates is supporting the economy. But the Bank of... 30th September 2024 · 3 mins read
UK Housing Market Rapid Response UK Nationwide House Price Index (Sep. 2024) September’s 0.7% m/m rise in Nationwide house prices suggests that August’s 0.2% m/m fall was just a blip and that the recent falls in mortgage rates are supporting house prices. What’s more, the... 30th September 2024 · 3 mins read
