UK Housing Market Rapid Response Halifax House Prices (Oct. 23) The increase in the Halifax house price index in October confirmed that house prices are rising, suggesting that the high cost of borrowing alone is not sufficient to trigger the leg down we predicted... 7th November 2023 · 3 mins read
UK Commercial Property Rapid Response S&P Global/ CIPS Construction PMI (Oct.) The uptick in the headline CIPS construction PMI from 45.0 in September to 45.6 in October still left it below the 50 “no-change” mark. But despite an improvement in both the commercial activity and... 6th November 2023 · 2 mins read
UK Housing Market Rapid Response Nationwide House Prices (Oct. 2023) The large increase in house prices in October was a massive surprise given higher mortgage rates should be severely restricting the number of people able to buy and the amount they can spend. But at... 1st November 2023 · 4 mins read
UK Housing Market Rapid Response BoE Mortgage Lending (Sep.23) The drop in mortgage approvals in September left them a third below their usual level in the years leading up to the pandemic as high mortgage rates put homeowners off moving and priced many first... 30th October 2023 · 3 mins read
UK Housing Market Rapid Response Halifax House Prices (Sep. 23) The sixth consecutive monthly decline in the Halifax House Price Index in September leaves it significantly more downbeat than the Nationwide figures about near-term momentum in house prices. Given... 6th October 2023 · 2 mins read
UK Commercial Property Rapid Response S&P Global/ CIPS Construction PMI (Sep.) The decline in the headline CIPS construction PMI from 50.8 in August to 45.0 in September took it below the 50 “no-change” mark for the first time since January. The fall was driven by a plunge in... 5th October 2023 · 2 mins read
UK Housing Market Rapid Response Halifax House Prices (Aug 2023) The steep fall in the Halifax House Price Index in August confirmed that the further leg down in house prices we have been forecasting has materialised. If we are right to think that mortgage rates... 7th September 2023 · 2 mins read
UK Commercial Property Rapid Response S&P Global/ CIPS Construction PMI (August) 6th September 2023 · 2 mins read
UK Housing Market Rapid Response Halifax House Prices (July 2023) With mortgage rates rising to around 6% in July, it was no surprise that the slide in the Halifax house price index continued. Although there might be a modest fall in mortgage rates in the near term... 7th August 2023 · 2 mins read
UK Commercial Property Rapid Response S&P Global/CIPS Construction PMI (Jul 23) The headline CIPS construction PMI resumed its upward trend in July, with the rise to 51.7 more than reversing the drop into contractionary territory in June. 4th August 2023 · 2 mins read
UK Housing Market Rapid Response Nationwide House Prices (Jul.) The slight fall in house prices in July is the first sign of the surge in mortgage rates since mid-May taking its toll. As we expect mortgage rates to remain around their current level for the next 12... 1st August 2023 · 3 mins read
