UK Housing Market Data Response Halifax House Prices (Oct.) According to the Halifax, house price inflation accelerated to 9.7% in October. That is a much faster rate than is currently being reported by other indices and, at more than three times the rate of... 5th November 2015 · 1 min read
US Housing Market Data Response Mortgage Applications (Oct.) Following the surge in mortgage applications for home purchase in September, due to the introduction of TRID disclosure rules, the fact that applications only dipped marginally in October is a... 4th November 2015 · 1 min read
US Housing Market Data Response CoreLogic House Prices (Sep.) Even accounting for the fact that over the past few months the first estimate of house price inflation from CoreLogic has consistently been revised down, today’s reading of a seasonally adjusted 1.3%... 3rd November 2015 · 1 min read
US Housing Market Data Response Homeownership & vacancy rates (Q3 15) A drop in the share of mortgages in foreclosure, alongside easing credit conditions which have boosted the number of first-time buyers, has helped the homeownership rate to rise from a 48-year low. 27th October 2015 · 1 min read
US Housing Market Data Response Case-Shiller House Prices (Aug.) The Case- Shiller measure of house prices showed that home values are continuing to grind higher, with the annual rate now at its highest level in almost a year. Tight supply conditions are behind the... 27th October 2015 · 1 min read
US Housing Market Data Response New Home Sales (Sep.) New home sales recorded a surprise drop of 11.5% in September. Yet new home sales data are notoriously volatile. And, given the strong performance of existing home sales in September, as well as the... 26th October 2015 · 1 min read
UK Housing Market Data Response BBA Mortgage Lending (Sep.) The BBA reported a dip in mortgage approvals for both house purchase and remortgaging in September. But with economic conditions supportive, the number of buyers growing, and banks seeking to expand... 26th October 2015 · 1 min read
UK Housing Market Update What has driven the rise in buy-to-let mortgages? The buy-to-let mortgage market has grown quickly over the last few years. But the majority of that growth has come from landlords remortgaging their existing loans, rather than new buyers entering the... 23rd October 2015 · 1 min read
US Housing Market Data Response Existing Home Sales (Sep.) Existing home sales rebounded by 4.7% in September. While there are a number of factors pointing to a moderation in sales over the coming months, over the medium-term the outlook is broadly positive. 22nd October 2015 · 1 min read
Canada Data Response Teranet-National Bank House Prices (Sep.) The rate of house price inflation rose to 5.6% in September and the elevated sales-to-new listings ratio indicates that it will accelerate to 6.0% by the end of the year. The national average... 15th October 2015 · 1 min read
US Housing Market Update How tight are conditions in the rental market? On the basis of past form, the fact the rental vacancy rate has hit a 30-year low would suggest rental growth is set to surge. But the drop in the vacancy rate is being exaggerated by a rise in the... 13th October 2015 · 1 min read
Global Economics Chart Pack World economy not falling off a cliff! Disappointing payrolls data from the US, weak commodity prices and another downbeat set of business surveys have fuelled fears that global growth is collapsing. However, we continue to think these... 7th October 2015 · 1 min read
US Housing Market Data Response Mortgage Applications (Sep.) The uncertainty generated by September’s Federal Reserve meeting, combined with a drop in mortgage rates to below 4% for the first time since May, helped applications for house purchase reverse most... 7th October 2015 · 1 min read
US Housing Market Data Response CoreLogic House Prices (Aug.) House prices rose by a substantial 1.5% m/m seasonally adjusted in August according to CoreLogic. Even accounting for the fact that early estimates of house price growth on this measure tend to get... 6th October 2015 · 1 min read
UK Housing Market Data Response Halifax House Prices (Sep.) Halifax house price inflation eased back in September. And over the remainder of the year, we would expect it to move closer into line with the picture being painted by the other major indices. 6th October 2015 · 1 min read
UK Housing Market Data Response Nationwide House Prices (Sep.) House price growth picked up in September, reflecting improving demand conditions and the shortage of homes for sale. With few signs that the imbalance between buyers and sellers is closing, we expect... 30th September 2015 · 1 min read
