UK Housing Market Data Response Mortgage Lenders and Administrators Statistics (Q4) Today’s MLAR data confirmed a weak end to 2016 for buy-to-let lending, while data from the CML points to this persisting through to January. That weakness, combined with continued caution from lenders... 14th March 2017 · 1 min read
China Data Response Activity & Spending (Jan. & Feb.) A jump in infrastructure spending and strong property sales have helped sustain China’s recovery into early 2017. Both these tailwinds look likely to run out of steam in the coming quarters, however... 14th March 2017 · 1 min read
US Housing Market Chart Pack Drop in mortgage rates will prove temporary Strong employment growth and an expectation that the Fed will hike interest rates at its March meeting have pushed up Treasury yields, meaning that the recent drop in mortgage rates will be short... 13th March 2017 · 1 min read
Canada Economics Weekly Residential investment still boosting economy Residential housing investment rebounded in the final quarter of last year and looks set to grow at an even faster pace this quarter, thanks to a surge in housing construction. While that will provide... 10th March 2017 · 1 min read
UK Housing Market Chart Pack Recovery in demand loses steam The recovery in mortgage approvals and transactions saw steady progress in January. But with surveys implying that the recovery in buyer enquiries has stalled, that recovery may not persist for long... 10th March 2017 · 1 min read
US Housing Market Update Can rising interest rates boost the housing inventory? Low interest rates help to explain the rising the number of vacant homes and the steady fall in the housing inventory in recent years. Rebuilding the inventory will take time, but higher interest... 9th March 2017 · 1 min read
UK Housing Market Data Response RICS Residential Market Survey (Feb.) Today’s survey suggests that the recovery in housing market demand has petered out. Looking ahead, with prices already very high and real wage growth slowing, a resurgence in price growth is looking... 9th March 2017 · 1 min read
US Housing Market Data Response CoreLogic House Prices (Jan.) The recent strength in house prices shows no signs of losing steam, with another strong gain in January according to the CoreLogic measure. With housing demand holding up even in the face of higher... 7th March 2017 · 1 min read
UK Housing Market Data Response Halifax House Prices (Feb.) House price growth on the Halifax index is once again cooling. And while activity seems to have picked up, the dip in real earnings growth and already high prices will keep house price inflation on a... 7th March 2017 · 1 min read
UK Housing Market Chart Pack London Housing Chart Book - Few signs of a revival London’s housing market has shown few signs of a revival over the past quarter. Transactions have dropped sharply and house price growth is on a downward trajectory. That said, with the economic... 2nd March 2017 · 1 min read
US Housing Market Data Response Mortgage Applications (Feb.) Mortgage rates and applications for refinance were essentially unchanged in February, while the drop in home purchase applications likely reflects an unwinding of the jump in mortgage demand which... 1st March 2017 · 1 min read
UK Economics Update Household Borrowing Monitor (Jan.) January’s UK money and credit figures showed that mortgage approvals have continued on their upward trend, after the lull around last year’s EU referendum, and that consumers may be becoming a little... 1st March 2017 · 1 min read
UK Housing Market Data Response Nationwide House Prices (Feb.) & Mortgage Lending (Jan.) Mortgage approvals for house purchase rose for the fifth consecutive month in January. But they are still lower than this time last year, and with house price inflation holding broadly steady at 4.5%... 1st March 2017 · 1 min read
UK Data Response Markit/CIPS Report on Manuf. (Feb.) Despite the fall in February’s Markit/CIPS manufacturing PMI, the survey still suggests that the sector carried a decent amount of momentum into 2017. However, there are signs that price rises are... 1st March 2017 · 1 min read
US Housing Market Data Response Case-Shiller House Prices (Dec.) Annual house price growth reached 5.8% in December according to Case-Shiller, the fastest pace of growth for 2½ years. With market conditions set to remain tight, as faster income growth supports... 28th February 2017 · 1 min read
US Housing Market Data Response New Home Sales (Jan.) At 3.7% m/m in January, the rise in new home sales came in slightly below expectations. Very wet weather in the West seems partly to blame. The good news is that with inventory levels improving... 24th February 2017 · 1 min read
