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
US Housing Market Chart Pack US Housing Market Chart Pack Surging Treasury yields have pushed mortgage rates above 7.5%, higher than we had anticipated. If these borrowing rates persist, lending and sales volumes could fall even further in the near term... 10th October 2023 · 1 min read
Australia & New Zealand Chart Pack Australia & New Zealand Chart Pack (Oct. 2023) Our Australia and New Zealand Chart Pack has been updated with the latest data and our analysis of recent developments. Central banks in both Australia and New Zealand are likely to retain their... 10th October 2023 · 1 min 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
US Housing Market Rapid Response New Home Sales (Aug.) The 8.7% m/m drop in New Home Sales in August was the largest monthly decline since September 2022 and suggests that the renewed rise in mortgage rates has caused home purchase demand to decline... 26th September 2023 · 2 mins read
UK Housing Market Update Interest rate hold won’t provide immediate relief Despite ending the interest rate hiking cycle today, the Monetary Policy Committee succeeded in convincing financial markets that interest rates will remain high for some time. As market interest rate... 21st September 2023 · 3 mins read
US Housing Market Rapid Response Existing Home Sales (Aug.) The 0.7% m/m fall back in existing home sales in August reflects falling mortgage borrowing and took sales back close to the low levels recorded in January. Our view that mortgage rates will remain... 21st September 2023 · 2 mins read
UK Housing Market Chart Pack UK Housing Market Chart Pack (Sep. 2023) Our forecast that the Bank of England won’t start cutting interest rates until the second half of 2024 means mortgage rates are likely to stay between 5.5% and 6.0% until mid-2024. While transactions... 19th September 2023 · 1 min read
Canada Economics Update Housing Watch (Sep.) House price inflation turned positive in August, but the smaller monthly price gain combined with signs of easing demand and increasing supply show that the housing market continues to cool. 18th September 2023 · 4 mins read
UK Housing Market Update RICS Residential Market Survey (Aug.) Depressed activity remains consistent with falling house prices. The further deterioration of the RICS survey figures in August suggest the peak in mortgage rates seen in July are continuing to dampen... 13th September 2023 · 3 mins read
US Housing Market Update New home sales can’t defy gravity for much longer New home sales have brushed off a collapse in overall housing demand, rising 23% in the first half of 2023. More competitive pricing will be providing some support to sales, but the primary factor is... 12th September 2023 · 3 mins read
UK Housing Market Update High rates restrain lending and push up arrears The Q2 Mortgage Lenders and Administrators statistics from the Bank of England showed that higher rates are limiting lending and making it more difficult than ever for single-income households to get... 12th September 2023 · 3 mins read
US Housing Market Chart Pack US Housing Market Chart Pack With affordability stretched and the economy slowing, housing market activity is expected to remain weak over the coming quarters. While we expect house prices to lose some of their recent momentum... 7th September 2023 · 1 min read
UK Housing Market Chart Pack UK Housing Market Chart Pack (Aug. 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... 25th August 2023 · 1 min read
US Housing Market Rapid Response New & Existing Home Sales (Jul.) New home sales rose by 4.4% m/m in July, reaching 714,000 annualised. Despite a slight fall in June, new home sales have seen sustained strength over the last year, with July’s increase leaving them... 23rd August 2023 · 2 mins read
