UK Housing Market 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
UK Housing Market Update Election and Brexit delay leaves outlook in limbo The Brexit extension and general election leaves the housing market outlook even more uncertain than a week ago. What’s more, given the vast distance between the two main political parties’ approach... 1st November 2019 · 3 mins read
UK Housing Market Data Response Mortgage Lending (Sep.) Mortgage approvals for house purchase and remortgaging rose in September, but annual growth in both were still weak. Looking ahead, the outlook is subdued. Even if a Brexit deal is agreed soon, house... 29th October 2019 · 2 mins read
UK Housing Market Data Response Nationwide House Prices (Oct.) House prices saw subdued growth in October. And while in wage-adjusted terms, prices are on a gradual downward trajectory, any meaningful downward adjustment will take time. Looking ahead, we expect... 29th October 2019 · 2 mins read
UK Housing Market Outlook Limited scope for housing market recovery Regardless of what happens with Brexit in the months ahead, a revival in the owner occupier housing market is unlikely. Even if a Brexit deal is agreed soon, we expect to see only a small improvement... 24th October 2019 · 29 mins read
UK Housing Market Data Response UK Finance Mortgage Lending (Sep.) Mortgage approvals among the high street banks slipped in September. And while annual growth on the UK Finance measure has stayed strong, that reflects a shift in market share towards the main high... 24th October 2019 · 2 mins read
UK Housing Market Update Where is housebuilding slowing? London has led the fall in housebuilding, but more recently, construction has fallen sharply in nearly every region. Looking ahead, given continued economic uncertainty, housing starts are on track to... 16th October 2019 · 3 mins read
UK Housing Market Data Response RICS Residential Market Survey (Sep.) According to the RICS survey, buyer and seller numbers fell sharply in September, as renewed uncertainty hit housing market confidence. But the big picture is that, even if Brexit uncertainty were to... 10th October 2019 · 2 mins read
UK Housing Market Data Response Housebuilding (Q2) Housing starts fell for a third consecutive quarter in Q2, pushing the pace of construction down to its lowest level in three years. Looking ahead, with Help-to-Buy set to be pared back and wider... 3rd October 2019 · 2 mins read
UK Commercial Property Data Response IHS Markit/CIPS Construction PMI (Sep.) The fall in the headline construction PMI in September suggests that construction output contracted in Q3. For the commercial property sector, the softer supply pipeline may limit rental values falls... 2nd October 2019 · 2 mins read
UK Housing Market Data Response Nationwide House Prices (Sep.) The subdued picture for house price growth is unlikely to improve anytime soon. Even if a no deal Brexit disruption is avoided, we think high house prices, mortgage regulation and rising interest... 1st October 2019 · 2 mins read
UK Housing Market Data Response Mortgage Lending (Aug.) Mortgage approvals for house purchase fell in August, more than reversing the gains seen in June and July. Looking ahead, despite evidence of strong price competition among mortgage lenders, we think... 30th September 2019 · 2 mins read
UK Housing Market Data Response UK Finance Mortgage Lending (Aug.) August’s fall in house purchase mortgage approvals more than reversed July’s rise. And while price competition among mortgage lenders remains fierce, this has largely not translated into higher... 25th September 2019 · 2 mins read
UK Housing Market Chart Pack London Housing Chart Book: More price falls to come The brief rise in London buyer activity proved to be short lived, suggesting that the capital’s housing market malaise has further to run. Indeed, even if a no-deal Brexit is avoided, we expect London... 24th September 2019 · 7 mins read
UK Housing Market Update Would a stamp duty cut boost transactions? Stamp duty changes previously hinted at by the Prime Minister could affect over half of all home buyers, with more expensive homes seeing substantial savings. While the effect on house prices would be... 19th September 2019 · 3 mins read
UK Housing Market Data Response RICS Residential Market Survey (Aug.) Having seen a small improvement across June and July, housing demand lost all upward momentum in August. Looking ahead, given the high level of house prices and ongoing political uncertainty, a... 12th September 2019 · 2 mins read
