China Economics Weekly State taking a bigger role in homebuilding Local governments are stepping up the construction of public housing, providing a partial offset to the downturn in developer homebuilding. One consequence is that the privatization of China’s housing... 17th November 2023 · 5 mins read
London Housing Markets Chart Pack London Housing Chart Pack (Q4 2023) London house prices have fallen by less than we anticipated, and stopped falling altogether in Q3. However, the high level of house prices compared to incomes should mean that higher mortgage rates... 30th October 2023 · 1 min read
UK Housing Market Update Effectiveness of Mortgage Guarantee varies by region The proposed extension to the Mortgage Guarantee Scheme could prove a good counter-cyclical policy in areas where house prices are relatively low. But the scheme has far less impact in London and the... 25th October 2023 · 3 mins read
UK Housing Market Update Can Labour move the dial on housing supply? Labour has made housing a major theme of its conference, and the party’s attitude towards New Towns and social housing means that the next election could prove a turning point in the structure of the... 10th October 2023 · 4 mins read
UK Housing Market Update Homeownership increasingly unattainable Buying a first home has become increasingly difficult over the past 30 years. A high income is still essential, but other circumstances such as whether the individual is buying as part of a joint... 2nd October 2023 · 4 mins read
UK Housing Market Update Revisiting our estimates of lossmaking rental properties Mortgage rates have risen to a level that could cause costs on a fifth of rental homes to exceed the rent. That is likely to lead to a significant number of forced rental property sales, which will... 19th July 2023 · 4 mins read
London Housing Markets Chart Pack London Housing Chart Pack (Q3 2023) This new Chart Pack has been designed to replace our Chart Book in response to client feedback to make our insights more accessible, and with more options to incorporate them into your workflow. Use... 10th July 2023 · 1 min read
UK Housing Market Update An uneven hit from higher mortgage rates The shift to fixed mortgage rates and the rise in the number of homes owned outright means that while some borrowers face a sharp rise in mortgage payments other homeowners will sit out this interest... 6th July 2023 · 5 mins read
UK Housing Market Focus What will be the damage from 6% mortgage rates? A return to mortgage rates of around 6% for the first time since 2007 guarantees a renewed slump in mortgage lending and a further leg down in house prices. Were mortgage rates to be sustained at that... 20th June 2023 · 15 mins read
UK Housing Market Chart Pack Signs of stabilisation (May 23) The larger than anticipated rebound in mortgage approvals in March and a slowdown (or even partial reversal) of house price falls suggested that the housing market downturn may have ended much earlier... 19th May 2023 · 10 mins read
UK Housing Market Update Takeaways from our housing roundtables Alongside the publication of our Q2 UK Housing Outlook this week, we held a series of roundtable meetings for clients in London. Here we sum up our thoughts on three key questions which recurred... 28th April 2023 · 4 mins read
UK Housing Market Focus The impact of the end of Help to Buy on home ownership The Help to Buy: Equity Loan scheme was designed to counter an alarming drop in housebuilding and home ownership among young adults. It succeeded to some extent on both fronts, so the loss of the... 22nd March 2023 · 21 mins read
UK Housing Market Update Decarbonising UK residential – the biggest challenge? Energy Performance Certificates (EPCs) are the main benchmark for environmental standards in UK housing. There is evidence that they are improving efficiency in new-builds and new regulations will... 27th February 2023 · 5 mins read
UK Housing Market Outlook Activity to slump as prices adjust to higher rates 2023 will be the most difficult year for the housing market since 2008. Mortgage rates remain very high by the standards of recent years and can’t drop materially until the Bank of England shifts from... 26th January 2023 · 25 mins read
Event Asia Drop-In: US-China relations, regional elections and more 1669276800 November's briefing on Asia’s big macro and market stories included discussion of US-China relations in the wake of the Xi-Biden meeting as well as the economic impact of Beijing’s looser zero-COVI
UK Housing Market Update Tax reduction can’t rescue the market from higher rates The Chancellor took a rare, targeted approach to Stamp Duty in today’s vast package of tax cuts. The changes will remove the tax altogether for large numbers of buyers while retaining most of the... 23rd September 2022 · 3 mins read