US Commercial Property Update Austin knocks Nashville off top spot for US remote workers Our updated analysis of the most attractive apartment markets for remote workers sees Austin nudge Nashville into second place after two years at the top of the table, with San Antonio climbing to... 3rd March 2025 · 3 mins read
UK Commercial Property Rapid Response Lending to UK commercial property (Jan. 25) Net lending to property had a steady start to 2025, with the total of £917mn in January down from £1.28bn in December 2024, but close to the average seen over 2024. 3rd March 2025 · 1 min read
UK Economics Rapid Response UK Money & Lending (Jan. 2025) The stagnating economy is partly because households appear to be continuing to save rather than spend, which is unlikely to change over the next six months with the sharp deterioration in the outlook... 3rd March 2025 · 3 mins read
Australia & New Zealand Economics Update Australia’s house price slowdown has further to run The modest uptick in Australian house prices last month is unlikely to mark the beginning of a meaningful rally. With the Reserve Bank of Australia set to deliver a shallow easing cycle, housing... 3rd March 2025 · 3 mins read
China Chart Pack China Chart Pack (Feb. 25) We expect fiscal stimulus to keep China’s economy growing at pace over the first half of this year. But as fiscal support fades and US tariffs start to drag on exports, we think growth will start to... 28th February 2025 · 0 mins read
US Commercial Property Chart Pack US Commercial Property Chart Pack (Q1 2025) All-property values edged down by 0.1% in Q4 but the magnitude of decline narrowed. Appraisal-based cap rates also fell for the first time since mid-2022. However, we still believe appraisals have... 28th February 2025 · 1 min read
Europe Commercial Property Chart Pack Europe Commercial Property Chart Pack (Q1 2025) Euro-zone prime property yields fell slightly in Q4, led by offices and industrial. However, a slowdown in rental gains as vacancy climbed higher meant that capital value growth slowed slightly... 28th February 2025 · 0 mins read
UK Housing Market Rapid Response UK Nationwide House Prices (Feb. 2025) Some of the bigger-than-expected 0.4% m/m rise in Nationwide house prices in February (consensus and Capital Economics forecast 0.2% m/m), which followed the muted 0.1% m/m rise in January, may... 28th February 2025 · 3 mins read
China Economics Update Homebuilding downturn will continue for years Policy support is helping developers secure financing and should boost their sales this year. This will allow them to intensify work on existing projects. But it won’t prevent homebuilding activity... 27th February 2025 · 4 mins read
US Housing Market Rapid Response US New Home Sales (Jan 2025) The large fall in new home sales in January was to be expected given the disruption from the unseasonably severe winter weather. While sales should rebound this month, elevated mortgage rates will... 26th February 2025 · 2 mins read
UK Housing Market Chart Pack UK Housing Market Chart Pack (Feb. 2025) The acceleration in house price growth in January suggests the housing market has maintained momentum as the wider economy is losing it. What’s more, our forecast for mortgage rates to fall further... 26th February 2025 · 1 min read
Australia & New Zealand Chart Pack ANZ Chart Pack (Feb. 2025) Our ANZ Chart Pack has been updated with the latest data and our analysis of recent developments. The RBA began its easing cycle with a 25bp cut this month, but it appeared in no hurry to loosen... 26th February 2025 · 1 min read
US Housing Market Rapid Response US Case-Shiller/FHFA House Prices (Dec. 2024) The stronger 0.5% m/m rise in house prices in December suggests sellers still have the upper hand despite more homes coming onto the market and weak buyer demand. This raises the risk that we have... 25th February 2025 · 2 mins read
Europe Commercial Property Update Industrial’s pandemic-era boom over; steady demand ahead Industrial property has been a clear winner over the past five years, with double-digit annual rental growth far outpacing expectations. However, as we predicted early on, supply has been responsive... 25th February 2025 · 5 mins read
US Housing Market Rapid Response US Existing Home Sales (Jan. 2025) The fall in existing home sales in January reflects weak deal-making at the end of last year due to the surge in mortgage rates. Given that borrowing costs have stayed above 7% since then, we expect... 21st February 2025 · 1 min read
China Economics Weekly China Weekly: Private sector support, property prices President Xi's meeting with top tech leaders underscores a shift back to a more constructive attitude toward private firms that has been underway since 2023. Meanwhile, data out this week showed that... 21st February 2025 · 4 mins read
