UK Housing Market Rapid Response Halifax House Prices (Nov. 2023) The second consecutive monthly rise in the Halifax house price index in November mirrored the increase in the Nationwide index, confirming that house prices have not only stabilised, but are rising... 7th December 2023 · 3 mins read
UK Commercial Property Rapid Response S&P Global/ CIPS Construction PMI (Nov.) The headline CIPS construction PMI barely changed in November, settling at 45.5 from 45.6 in October, and was still below the 50 “no-change” mark. The sharp fall in the commercial balance was offset... 6th December 2023 · 2 mins read
UK Housing Market Rapid Response Nationwide House Prices (Nov. 23) The further small increase in the Nationwide house price index in November was unexpected and came on the heels of an even larger rise in October. It means house prices are on track to fall by just 2%... 1st December 2023 · 2 mins read
UK Housing Market Rapid Response Mortgage Lending (Oct. 23) With mortgage rates easing, the rise in mortgage approvals in October confirms that the trough in mortgage approvals is behind us. But with mortgage rates unlikely to fall much below 5% until the... 29th November 2023 · 3 mins read
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
