UK Housing Market Update Recovery in mortgage lending has further to run Granular data showed that mortgage lending continued to recover in Q2, supported by a decline in the average mortgage rate on new lending. Our view that mortgage rates will fall further next year... 10th September 2024 · 3 mins read
UK Housing Market Rapid Response UK Halifax House Prices (Aug. 2024) The second consecutive monthly rise in the Halifax house price index in August supports our view that the fall in the Nationwide house price index in the same month was a blip and isn’t the start of... 6th September 2024 · 3 mins read
Australia & New Zealand Economics Update Australia CoreLogic House Prices (Aug.) With transaction volumes moderating and inventory rising, we expect the Australian housing market to cool in months ahead. 2nd September 2024 · 2 mins read
UK Housing Market Rapid Response UK Nationwide House Price Index (Aug. 2024) Despite the recent declines in mortgage rates, the small fall in the Nationwide house price index in August suggests affordability constraints on households continue to bite. But the further drop in... 30th August 2024 · 3 mins read
US Housing Market Rapid Response Case-Shiller/FHFA House Prices (Jun. 2024) The muted 0.2% rise in the national Case-Shiller house price index in June was no shock considering that buyer demand collapsed that month, while supply kept growing. With the spring selling season... 27th August 2024 · 2 mins read
UK Housing Market Chart Pack UK Housing Market Chart Pack (Aug. 2024) Our UK Housing Chart Pack has been updated with the latest data and our analysis of recent developments. The recent drop in mortgage rates has caused house prices to rise a bit faster than expected... 15th August 2024 · 1 min read
UK Housing Market Update Revising up our 2024 house price forecast Given the revival in house prices and recent falls in mortgage rates, we are raising our Q4 2024 house price growth forecast from 1.0% y/y to 2.0%. We now think that the number of housing transactions... 15th August 2024 · 4 mins read
Australia & New Zealand Chart Pack Australia & New Zealand Chart Pack (August 2024) The Antipodean central banks will tread different paths when it comes to policy setting in the near term. With the New Zealand economy in a tailspin and inflation well on its way to target, the RBNZ... 15th August 2024 · 1 min read
UK Economics Weekly Strong rebound in housing activity an upside risk to GDP Our forecast implies that the recovery in the housing market will both directly and indirectly add about 0.8% to the level of GDP by the end of 2026. But the risk is that the housing market rebound is... 9th August 2024 · 11 mins read
UK Housing Market Update RICS Residential Market Survey (Jul. 2024) Increasing demand points to stronger price growth Tentative signs from July’s RICS survey add to the growing evidence that demand and prices are starting to pick up. And as lenders start to cut... 8th August 2024 · 3 mins read
UK Housing Market Rapid Response UK Halifax House Prices (Jul. 2024) After three months of stagnation, the bigger-than-expected rise in the Halifax house price index in July provides further evidence that house prices are bouncing back from the slight rise in mortgage... 7th August 2024 · 2 mins read
