US Housing Market Outlook Tighter credit conditions rule out sales recovery Mortgage interest rates recently dropped to three-year lows, but mortgage applications for home purchase are more-or-less unchanged from where they were at the start of the year. A slowing economy... 4th October 2019 · 16 mins read
US Housing Market Outlook Fall in mortgage interest rates won’t spark recovery The sharp fall in mortgage interest rates seen since the start of the year has not spurred much of a recovery in housing market activity. Home sales and housing starts have more-or-less held their... 28th June 2019 · 17 mins read
US Housing Market Outlook Economic slowdown to weigh on housing market Mortgage interest rates have dropped sharply since the end of last year, and the 30-year fixed rate is set to fall to 4.2% by the end of 2019. But that won’t spur a significant rise in housing market... 4th April 2019 · 1 min read
US Housing Market Outlook Mortgage interest rates set for steady decline The drop in 10-year Treasury yields seen in recent weeks has led to lower mortgage interest rates. We now think the 5.17% the 30-year fixed rate reached in November represents the peak of the current... 21st December 2018 · 1 min read
US Housing Market Outlook Housing market slowdown to persist Housing market activity has experienced a marked slowdown since the start of the year, with mortgage applications, home sales, housing starts and house prices all losing momentum. Higher mortgage... 28th September 2018 · 1 min read
US Housing Market Outlook Shortage of labour and materials will thwart builders Developments in the housing market continue to be dominated by record low levels of inventory. A scarcity of labour and high lumber prices are preventing builders from responding to that shortage... 22nd June 2018 · 1 min read
US Housing Market Outlook Tight markets support house price and rental growth This quarter sees the launch of a redesigned US Housing Market Analyst. The aim of the Analyst, to provide our views on the outlook for the US housing market, remains the same. However, there is now a... 20th March 2018 · 1 min read
US Housing Market Outlook Housing starts and home sales show signs of life Housing activity is finally showing some signs of life. New home sales and single-family housing starts have both reached 10-year highs, as builders have started to respond to very tight market... 22nd December 2017 · 1 min read
US Housing Market Outlook Record low inventory constrains sales and lifts prices Housing starts have stalled over the past year, there has been no increase in the number of homes listed and inventory levels have fallen to record lows. That is constraining housing market activity... 4th October 2017 · 1 min read
US Housing Market Outlook Housing activity constrained by lack of inventory The latest drop in mortgage interest rates has not boosted housing market activity, which is being constrained by a severe lack of inventory. With housing starts faltering, we doubt inventory levels... 20th June 2017 · 1 min read
US Housing Market Outlook Stronger income growth to support housing market A strong labour market, robust consumer confidence and the gradual return of first-time buyers means that the demand for homes will see further gains even as mortgage interest rates rise. But with... 29th March 2017 · 1 min read
US Housing Market Outlook Housing market can withstand higher interest rates Trump’s win will have two offsetting impacts on the housing market. Mortgage rates have already spiked since the election and will rise further. All else equal that will depress housing demand. Yet a... 16th December 2016 · 1 min read
US Housing Market Outlook Market conditions tighten as inventory falls The number of existing homes for sale has fallen to a 15-year low, which is both constraining housing market activity and putting upward pressure on house prices. But as new households struggle to... 14th September 2016 · 1 min read
US Housing Market Outlook Housing market activity finally picking up A surge in new home sales in April, which was only partly reversed in May, suggests that housing market activity is finally picking up. Activity is being supported by an improving labour market, very... 29th June 2016 · 1 min read
US Housing Market Outlook Housing market activity finally picking up A surge in new home sales in April, which was only partly reversed in May, suggests that housing market activity is finally picking up. Activity is being supported by an improving labour market, very... 28th June 2016 · 1 min read
US Housing Market Outlook House prices set to rise by 6% in 2016 There has been no let-up in the very tight market conditions which have characterised the housing market in recent months. With housing demand rising steadily on the back of low mortgage interest... 18th March 2016 · 1 min read
