UK Housing Market Data Response Nationwide (Apr.) and Land Registry (Mar.) House Price House price growth in April slowed according to the Nationwide index, while the Land Registry’s data showed a month-on-month fall in prices during March. With the economic outlook more subdued and... 28th April 2016 · 1 min read
US Housing Market Data Response Case-Shiller House Prices (Feb) The annual rate of house price growth held firm in February. But with conditions in place for housing demand to increase further this year, and inventory levels set to stay low, we expect the rate of... 26th April 2016 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Mar.) The number of house purchase mortgage approvals in the BBA data for high street banks fell in March. That said, with economic conditions still broadly supportive and interest rates at record lows, we... 26th April 2016 · 1 min read
US Housing Market Data Response New Home Sales (Mar.) New home sales fell in March – a weaker performance than we had expected. But with the economic backdrop still supporting housing demand, and inventory levels for new homes still growing, we still... 25th April 2016 · 1 min read
UK Housing Market Update Would Brexit raise mortgage rates? It is possible that an out vote in the EU referendum could push up mortgage interest rates. But if it did, we suspect any rise would be modest and that the drivers of that rise would not be those... 21st April 2016 · 1 min read
US Housing Market Data Response Existing Home Sales (Mar.) Existing home sales reversed some of last month’s drop with a gain of 5.1% m/m. But sales have made essentially no headway over the past year – the annual growth rate dropped to just 1.5%. While... 20th April 2016 · 1 min read
UK Housing Market Outlook House price inflation to converge on earnings growth House price inflation has strengthened a little since our previous Analyst. But the economy has lost a little momentum and forward-looking demand indicators, such as buyer enquiries, are easing... 20th April 2016 · 1 min read
US Housing Market Data Response Housing Starts (Mar.) Housing starts disappointed in March, with a substantial 8.8% drop over the month. And building permits are down to their lowest level in a year. But with mortgage applications rising at a healthy... 19th April 2016 · 1 min read
China Economics Update Property revival shoring up growth, for now The cyclical recovery we had forecast for the start of 2016 appears to be underway. The turnaround has been built on the back of stronger activity in construction and real estate, supported by policy... 18th April 2016 · 1 min read
US Housing Market Update Mortgage applications are understating housing demand Mortgage applications for home purchase are barely half their pre-crisis levels. But a steady rise in the share of applications that are approved means active housing demand from mortgage-dependent... 14th April 2016 · 1 min read
UK Housing Market Data Response RICS Residential Market Survey (Mar.) Today’s survey data from RICS confirms that the boost to activity generated by April’s stamp duty deadline has peaked. And with the stamp duty deadline now passed, activity should moderate and price... 14th April 2016 · 1 min read
US Housing Market Update Is private investor demand for housing about to drop away? Housing now looks close to fair value, and the supply of distressed properties for sale has fallen. However, while they may struggle to find bargains, we doubt that private investor demand will dry up... 12th April 2016 · 1 min read
Asia Economics Weekly Where do the risks lie? Financial markets across Emerging Asia have rebounded in recent months as investors have become more confident over the short-term economic outlook for the region. However, as we make clear in our... 8th April 2016 · 1 min read
UK Housing Market Chart Pack Temporary boost to demand shows signs of waning Buyers seeking to transact ahead of April’s stamp duty deadline appear to have lifted housing market activity. And there are signs of a modest reaction from prices too. But from April onwards, those... 8th April 2016 · 1 min read
UK Housing Market Data Response Halifax House Prices (Mar.) According to the Halifax index, house price inflation move back in to double-digit territory last month. But the data are something of an outlier, with most other sources pointing to a rate of... 7th April 2016 · 1 min read
US Housing Market Chart Pack Housing demand on the up The demand for homes is on the rise. With mortgage affordability very favourable, jobs being created at a decent pace and banks loosening credit criteria, it is no surprise that mortgage applications... 6th April 2016 · 1 min read
