UK Housing Market Update Our outlook for housing in 2020 Political uncertainty has eased following the election result, but the housing market fundamentals leave little room for a recovery in price growth or transactions in 2020. Combined with waning... 16th December 2019 · 3 mins read
UK Housing Market Data Response Mortgage Lenders and Administrators Statistics (Q3) Lower prices have encouraged borrowers to take out higher LTV loans. But lenders have maintained their credit scoring standards and maximum LTI ratios, and that is unlikely to change anytime soon... 10th December 2019 · 2 mins read
UK Housing Market Chart Pack A subdued end to the year for housing Housing market activity and house price growth showed few signs of improvement at the end of 2019. Indeed, activity has, if anything, been cooling. That partly reflects economic and political... 9th December 2019 · 8 mins read
UK Housing Market Data Response Halifax House Prices (Nov.) The sharp acceleration in house price growth recorded by the Halifax in November was an outlier, and is unlikely to be repeated in the coming months. Indeed, we expect house price growth to stay at or... 6th December 2019 · 2 mins read
UK Housing Market Focus Is UK residential property a viable alternative? Relative to past norms, returns on residential property will underperform over the next few years. But with commercial capital values dragged down by the retail sector, institutional investment in the... 5th December 2019 · 12 mins read
UK Commercial Property Focus Is UK residential property a viable alternative? Relative to past norms, returns on residential property will underperform over the next few years. But with commercial capital values dragged down by the retail sector, institutional investment in the... 5th December 2019 · 12 mins read
UK Commercial Property Data Response IHS Markit/CIPS Construction PMI (Nov.) November’s headline construction PMI increased from last month, which pointed towards the slowest decline in construction output since July. Nevertheless, it continues to point to a deterioration. The... 3rd December 2019 · 2 mins read
UK Housing Market Data Response IHS Markit/CIPS Construction PMI (Nov.) November’s headline construction PMI increased from last month, which pointed towards the slowest decline in construction output since July. Nevertheless, it continues to point to a deterioration. The... 3rd December 2019 · 2 mins read
UK Housing Market Update Election hopefuls pull their punches on housing Labour and the Conservatives have pulled their punches on housing policy. Indeed, only Labour’s pledge to boost social housing construction would materially affect the market. As a result, we expect... 29th November 2019 · 3 mins read
UK Housing Market Data Response Nationwide House Prices (Nov.) We wouldn’t read too much into November’s pick-up in house price growth. Indeed, the big picture is that, even if the economic and political uncertainty eases next year, house price growth will pick... 28th November 2019 · 2 mins read
UK Housing Market Data Response UK Finance Mortgage Lending (Oct.) Given the political and economic uncertainty, October’s drop in house purchase mortgage approvals came as little surprise. And even if uncertainty were to clear in the coming months, high house prices... 26th November 2019 · 2 mins read
UK Housing Market Update Election 2019: are social housebuilding plans realistic? With housebuilders already close to capacity, the sector will struggle to sustain a further surge in output. As a result, if elected, we think Labour would likely to miss their manifesto commitment to... 22nd November 2019 · 3 mins read
UK Housing Market Update Housing completions hit their peak Housing completions have reached their highest level in over three decades. But timelier data on housing starts point to a weakening pipeline of construction. On that basis, we think housing... 15th November 2019 · 3 mins read
UK Housing Market Chart Pack Fresh dip in activity After a brief mid-year recovery, economic and political uncertainty is once again discouraging housing market activity. In all, the near term outlook for both housing sales and house prices is... 8th November 2019 · 8 mins read
UK Housing Market Data Response Halifax House Prices (Oct.) Slowing house price growth on the Halifax index brought it closer to the other main price measures. With house prices high compared to incomes and interest rates close to their floor, we don’t expect... 7th November 2019 · 2 mins read
UK Commercial Property Data Response IHS Markit/CIPS Construction PMI (Oct.) October’s headline construction PMI increased for the first time in four months. But it continues to point to a deterioration in construction activity. Further, with Brexit-uncertainty prolonged, a... 4th November 2019 · 2 mins read
