Europe Economics Weekly Greek deal clears some hurdles, plenty left The plan for a third Greek bailout has cleared a number of hurdles over the last week, including provisional approval by the Greek and German parliaments. But there are plenty of obstacles yet to be... 17th July 2015 · 1 min read
US Housing Market Data Response Housing Starts (Jun.) The strong rise in housing starts in June suggests that the home building recovery is building momentum after recent volatility. With demand for new homes strengthening and home builder confidence at... 17th July 2015 · 1 min read
Asia Economics Weekly What to expect from Asia in 2017 In our Q3 Emerging Asia Outlook, which was published on Thursday, we rolled out our forecasts to include 2017. This Weekly looks in more detail at the region’s growth prospects for the year after next... 17th July 2015 · 1 min read
Asia Economic Outlook Credit slowdown to weigh on Asian growth After a poor start to 2015, we expect growth in Emerging Asia to pick up in the second half of the year as the benefits of lower oil prices and loose monetary policy filter through to the domestic... 16th July 2015 · 1 min read
China Economics Update Policy support to counter growth risks from property, equities While the support to growth last quarter from surging equity turnover and rebounding property sales will fade before long, we think that policy support will help limit the downside risks to growth. 16th July 2015 · 1 min read
UK Commercial Property Data Response Employment data (May) Today’s employment data present the first fall in employment for two years. However, the broader trend is one of improvement in the labour market. In particular, strong earnings growth is likely to... 15th July 2015 · 1 min read
China Economics Update Growth stabilises on brokerage boom, policy easing Q2’s stronger-than-consensus GDP growth partly reflects an unsustainable surge in financial sector activity that will prove short-lived. Even so, there are plenty of positive signs on broader economic... 15th July 2015 · 1 min read
US Housing Market Update Labour shortages won’t derail homebuilding recovery Recent survey data suggest that the recovery in housing starts would have been stronger if not for shortages of labour within some specialised trades. But although a scarcity of labour may be... 14th July 2015 · 1 min read
Canada Data Response Teranet-National Bank House Prices (Jun.) The rate of house price inflation rose to 5.1% in June, from 4.6% in May, and the recent rebound in the home sales-to-new listings ratio indicates that it may accelerate to 6.0% soon. The pick-up... 14th July 2015 · 1 min read
UK Housing Market Update Why have house prices in Wales been so weak? Comparatively loose supply conditions appear to explain why house prices in Wales have underperformed the rest of the country over the past year or two. But there are signs that demand is now... 14th July 2015 · 1 min read
UK Housing Market Data Response Bank of England Credit Conditions Survey (Q2) The Credit Conditions Survey reported an uptick in secured residential credit availability in the second quarter, but that the availability of commercial lending was more-or-less unchanged. For the... 13th July 2015 · 1 min read
Asia Economics Weekly Property price bubbles a threat Property in both Hong Kong and Taiwan looks significantly overvalued. A slump in prices is one of the major risks for these economies over the coming year. 10th July 2015 · 1 min read
UK Housing Market Update Will new capital requirements halt the fall in mortgage spreads? More stringent capital requirements on lenders will raise the cost of funding, which other things equal will be passed onto customers through higher mortgage interest rate spreads. But we estimate... 9th July 2015 · 1 min read
US Housing Market Chart Pack Home sales reach eight-year high Housing activity has strengthened in recent months. Indeed, gains in both new and existing home sales in May pushed total sales up to their highest level in eight years. Strong growth in jobs and... 9th July 2015 · 1 min read
Europe Economics Update France's economic recovery will continue to disappoint The French economy’s decent start to 2015 is unlikely to have been sustained in Q2. Looking further ahead, we think that the recovery will struggle to gain significant pace over the next few years. In... 9th July 2015 · 1 min read
UK Housing Market Update Housing market facing stronger headwinds after Summer Budget Cutting the amount of tax relief landlords can claim on their mortgage interest payments will reduce after-tax rental yields. We expect that to take the wind out of the BTL market’s sails, as... 8th July 2015 · 1 min read
