UK Housing Market Update RICS Residential Market Survey (Sep. 2024) Surge in supply ahead of Budget may temporarily dampen prices A leap in the number of homes being put up for sale in September, perhaps due to fears of second-homes and rented properties being subject... 10th October 2024 · 3 mins read
UK Housing Market Rapid Response Halifax House Prices (Sep. 2024) The third consecutive monthly rise in the Halifax house price index in September provides further evidence that the falls in mortgage rates are supporting demand and pushing up house prices. 7th October 2024 · 3 mins read
Australia & New Zealand Economics Focus Introducing our House Price Leading Index Our new House Price Leading Index combines several leading indicators that capture the balance of supply and demand in Australia’s housing market and suggests that house price growth will continue to... 7th October 2024 · 7 mins read
Canada Economics Weekly Housing still struggling Activity in the housing market and broader economy have been struggling for momentum and give little indication that excess supply is dissipating, suggesting that there is still a strong case for a... 4th October 2024 · 6 mins read
UK Commercial Property Rapid Response S&P Global/CIPS Construction PMI (Sep 24) The headline CIPS construction PMI rebounded to a 2½ year high of 57.2 in September as the prospect of lower interest rates, rising capital values and a government committed to boosting home... 4th October 2024 · 1 min read
Australia & New Zealand Economics Weekly Changes to housing tax breaks could hit rental supply The Australian government is reportedly considering clamping down on tax breaks for property investors. If the government did indeed reduce and/or phase out existing tax concessions, it would make the... 4th October 2024 · 4 mins read
US Housing Market Rapid Response Mortgage Applications (Sep. 2024) The impact of lower mortgage rates was finally evident in mortgage applications in September, with applications for home purchase rebounding to a three-month high. With mortgage rates falling to... 2nd October 2024 · 2 mins read
China Economics Update Property stimulus: announced measures still fall short Despite driving a surge in developer stock prices, the property support measures announced so far aren’t that different from previous efforts and are unlikely, on their own, to deliver much better... 2nd October 2024 · 6 mins read
US Commercial Property Apartment Metros Outlook Miami apartment market to feel the heat over 2025-28 Apartment markets are turning a corner, and we now expect the sector to outperform over the five year forecast. As new supply drops back from the second half of next year, we expect a mixture of... 1st October 2024 · 7 mins read
Australia & New Zealand Economics Update Australia CoreLogic House Prices (Sep.) With new listings rising rapidly, the housing market is shifting in favour of buyers. Accordingly, we think house price growth will ease further in the months ahead. 1st October 2024 · 3 mins read
Canada Chart Pack Canada Chart Pack (Oct. 2024) The economy is stuck in a period of below-potential GDP growth, with previous interest rate hikes weighing on consumer spending and investment. This will keep downward pressure on core inflation... 30th September 2024 · 1 min read
UK Economics Rapid Response UK Money & Lending (Aug. 2024) August’s money and lending data provide further evidence that the gradual improvement in credit demand and supply in response to the falls in lending rates is supporting the economy. But the Bank of... 30th September 2024 · 3 mins read
UK Housing Market Rapid Response UK Nationwide House Price Index (Sep. 2024) September’s 0.7% m/m rise in Nationwide house prices suggests that August’s 0.2% m/m fall was just a blip and that the recent falls in mortgage rates are supporting house prices. What’s more, the... 30th September 2024 · 3 mins read
China Rapid Response China Politburo Meeting (Sep. 24) The readout of the Politburo’s quarterly meeting on economic affairs has just been published by state media. It acknowledges that new problems have emerged in the Chinese economy recently and calls... 26th September 2024 · 2 mins read
US Housing Market Rapid Response New Home Sales (Aug. 2024) New home sales dropped back slightly in August, which always seemed likely after the 10% surge in transactions the month before, driven by pent-up buyers responding to lower borrowing costs. Still... 25th September 2024 · 2 mins read
Australia & New Zealand Economic Outlook RBA has less room to cut rates than the RBNZ A tight labour market and elevated public demand will keep the RBA from loosening policy before early-2025. Moreover, we expect the forthcoming easing cycle to be short-lived by past standards. By... 25th September 2024 · 20 mins read
