Australia & New Zealand Economics Weekly Businesses step up while households go on strike The recent shift in the composition of GDP growth in Australia has important consequences for the outlook for next year. While businesses will support growth by more than in any year since 2012... 8th December 2017 · 1 min read
UK Housing Market Data Response Halifax House Prices (Nov.) While the headline rate slowed, some shorter-term comparisons imply that house prices may be gaining renewed momentum. But gains on the other main indices remain more muted. And rising interest rates... 7th December 2017 · 1 min read
UK Housing Market Chart Pack Housing market sees chilly end to 2017 The housing market remains in the doldrums, and there are few signs that this will change soon. Indeed, leading indicators such as the new buyer enquiries and newly agreed sales balances point to... 6th December 2017 · 1 min read
US Housing Market Data Response Mortgage Applications (Nov.) The 2.4% m/m increase in mortgage applications for home purchase in November more than reversed the previous month’s drop. But the bigger picture is that home purchase demand has made no sustained... 6th December 2017 · 1 min read
Nordic & Swiss Economics Update Reviewing 2017 and looking ahead to 2018 In this Watch, we evaluate the performance of Nordic and Swiss economies in 2017 and set out our key calls for next year. 5th December 2017 · 1 min read
US Housing Market Data Response CoreLogic House Prices (Oct.) Annual house price growth on the CoreLogic measure reached 7.0% in October, marking four consecutive months of gains over 6%. But even as inventory levels have seen further falls, active housing... 5th December 2017 · 1 min read
UK Housing Market Focus Can the housing market regain its momentum in 2018? Neither the stronger economic recovery that we anticipate, nor the cuts to Stamp Duty Land Tax for first time buyers announced in the Budget are likely to reinvigorate the housing market next year... 5th December 2017 · 1 min read
UK Housing Market Data Response Nationwide House Prices (Nov.) House price inflation in November was unchanged, at 2.5% y/y. And with buyer demand weakening and mortgage approvals having fallen for a third consecutive month, house price growth is set to hold at... 30th November 2017 · 1 min read
China Economics Focus China Property Handbook China’s property sector is crucial to the economy’s performance and to China’s demand for many materials. In this Focus, we discuss the drivers of the property cycle and answer the key questions on... 30th November 2017 · 1 min read
UK Housing Market Data Response Mortgage Lending (Oct.) Lending for house purchase fell for a third consecutive month in October. But remortgaging surged, as owners rushed to refinance ahead of November’s interest rate hike. 29th November 2017 · 1 min read
Australia & New Zealand Economics Update New Zealand - Effect of easing in LVR restrictions only modest Today’s announcement by the Reserve Bank of New Zealand (RBNZ) that it intends to ease existing loan-to-value (LVR) restrictions from the start of next year should provide a modest boost to housing... 29th November 2017 · 1 min read
US Housing Market Data Response Case-Shiller House Prices (Sep.) The strong monthly rise in house prices reported by Case-Shiller for September is not a sign that house price growth is accelerating. Indeed, weakening buyer sentiment and house price expectations... 28th November 2017 · 1 min read
Nordic & Swiss Economics Update Swedish house prices to stabilise next year We think that concerns about the Swedish housing market are overblown. While house prices are likely to edge down further in the coming months, we expect them to stabilise next year. 24th November 2017 · 1 min read
UK Housing Market Data Response UK Finance Mortgage Lending (Oct.) House purchase mortgage approvals fell back in October. But the data show that remortgaging surged, as existing borrowers rushed to lock in record low rates ahead of November’s rate rise. 24th November 2017 · 1 min read
India Chart Pack Bank recapitalisation pushes equities to fresh highs The surge in Indian equities since the start of the year has continued over the past month, with the benchmark Sensex stock index hitting an all-time high in early November. The latest leg up has been... 22nd November 2017 · 1 min read
US Housing Market Data Response Housing Starts (Oct.) After falling for three months in a row, the 13.7% m/m rise in housing starts in October is welcome news. Admittedly, much of the rise was driven by the very volatile multifamily sector, which is... 17th November 2017 · 1 min read
