UK Housing Market Outlook Housing market surge to be short-lived The post-lockdown recovery in house price growth and housing market activity has exceeded expectations. But the economy will act as a drag on the housing market in the coming months, while pent-up... 27th October 2020 · 22 mins read
UK Housing Market Data Response Credit Conditions Survey (Q3) Mortgage availability saw a modest improvement Q3, but not enough to reverse the large fall seen in Q2. Meanwhile, credit availability to commercial property fell sharply during the quarter, and... 15th October 2020 · 2 mins read
UK Housing Market Update Employment revisions highlight rental market risks The big downward revision to employment in the labour market statistics reveals that renters have seen a larger hit to employment than homeowners. This supports our view that house prices will be... 14th October 2020 · 3 mins read
UK Housing Market Data Response RICS Residential Market Survey (Sep.) Housing market activity rose for a fourth consecutive month in September, but the market may be approaching an inflection point. We expect house price growth and transactions to cool by the end of the... 8th October 2020 · 2 mins read
UK Housing Market Data Response Halifax House Prices (Sep.) House price growth surged to a four-year high according to the Halifax index. But there are tentative signs that the pent-up demand driving the latest mini-boom may be running out. We think house... 7th October 2020 · 2 mins read
UK Housing Market Data Response IHS Markit/CIPS Construction PMI (Sep.) The construction PMI strengthened in September, driven by an improvement in both the commercial and residential sectors. Still, with fresh virus restrictions likely to hit commercial occupier demand... 6th October 2020 · 2 mins read
UK Commercial Property Data Response IHS Markit/CIPS Construction PMI (Sep.) The construction PMI strengthened in September, driven by an improvement in both the commercial and residential sectors. Still, with fresh virus restrictions likely to hit commercial occupier demand... 6th October 2020 · 2 mins read
UK Housing Market Update Is pent-up housing demand running out? There are tentative signs that the housing market mini-boom is running out of steam. We think house price growth and transactions are probably close to their peak. As pent-up demand from lockdown is... 2nd October 2020 · 3 mins read
UK Housing Market Data Response Nationwide House Prices (Sep.) House prices are rising at their fastest rate in four years. But price gains are likely to slow as the pent-up demand driving the market now is expended. Looking ahead, we think a weak underlying... 30th September 2020 · 2 mins read
UK Housing Market Chart Pack London housing recovery falls behind London’s housing recovery is lagging the rest of the UK. The post-lockdown rise in housing demand has been weaker than elsewhere, while the latest evidence points to no resurgence in house price... 25th September 2020 · 7 mins read
UK Housing Market Update Rising interest rates don’t signal a credit crunch We don’t think the surge in high-LTV interest rates signals an incoming credit crunch. Rather, it probably reflects lenders prioritising demand from less risky borrowers. As the surge from pent-up... 18th September 2020 · 3 mins read
UK Housing Market Chart Pack V-shaped housing recovery emerges The housing market has so far seen a V shaped recovery. House purchase mortgage approvals have already recovered to their pre-virus level, while house prices have reversed the dip recorded earlier in... 16th September 2020 · 8 mins read
UK Housing Market Data Response RICS Residential Market Survey (Aug.) The housing market strengthened further in August. But as pent-up demand from lockdown dries up over the coming months, conditions will soon cool. We expect house price growth to stagnate next year... 10th September 2020 · 2 mins read
UK Housing Market Focus The outlook for housing in a post-COVID world 9th September 2020 · 22 mins read
UK Housing Market Update Will the V shaped recovery last? The housing market recovery has exceeded all expectations and we have substantially upgraded our 2020 house price forecast. But as pent up demand runs out, a weak economy, tight credit conditions and... 4th September 2020 · 3 mins read
