US Housing Market Update Sellers lose grip on the market Increased supply and weak demand are both contributing to the slowdown in house price growth. The recent sharp drop in mortgage rates should cause the market to retighten, but it will take time for... 24th September 2024 · 4 mins read
US Housing Market Rapid Response Case-Shiller/FHFA House Prices (Jul. 2024) Another muted 0.2% rise in house prices in July adds to the sense that the housing market is cooling amid weak buyer demand and growing supply. As price growth continues to moderate quickly with no... 24th September 2024 · 2 mins read
China Rapid Response Stimulus package a step in the right direction In a departure from their previous approach of drip-feeding piecemeal support measures, China’s financial regulators have just announced a coordinated package of stimulus measures. This is a step in... 24th September 2024 · 4 mins read
US Commercial Property Office Metros Outlook Houston rockets to the top of the office rankings Offices are still in for a tough few years, with markets like San Francisco, LA and Seattle likely to come out of the downturn with values down 55% or more from their 2019 peaks. However, there are... 20th September 2024 · 7 mins read
US Housing Market Rapid Response Existing Home Sales (Aug. 2024) The slump in existing home sales in August shows that the sharp fall in mortgage rates since late-July is yet to stimulate the market, although the signs of life in last week’s purchase mortgage... 19th September 2024 · 2 mins read
US Housing Market Rapid Response Housing Starts (Aug. 2024) The large rise in housing starts in August was due to a rebound in starts in the south, confirming that the July slump was a temporary disruption caused by Hurricane Beryl. The increase in permits... 18th September 2024 · 2 mins read
Canada Economics Update Canada Housing Watch (Sep. 2024) Increased supply and weaker demand are pushing down rents in several cities. That raises the risk of another leg down for apartment prices, despite the recent drop in mortgage rates. 17th September 2024 · 4 mins read
UK Housing Market Chart Pack UK Housing Market Chart Pack (Sep. 2024) We doubt the small fall in Nationwide house prices in August was the start of a renewed downturn. Surveys suggest the recent declines in mortgage rates have led to an increase in housing demand, while... 17th September 2024 · 1 min read
Canada Economics Weekly Developers continue to shrug off high interest rates The sharp rebounds in both residential and non-residential building permit issuance in July eased concerns that the construction sector is about to take a turn for the worse. Risks remain, however... 13th September 2024 · 7 mins read
UK Commercial Property Update Should institutions be worried about Renters’ Rights? By making life harder for unscrupulous landlords, the Renters’ Rights Bill may help drive tenant demand toward institutional landlords who are already complying with most aspects of the proposed... 13th September 2024 · 3 mins read
US Commercial Property Outlook Apartments to top the charts with total returns of 9.5% p.a. There are tentative signs of improvement in the investment market, but we continue to think refinancing requirements will weigh on transactions. We still think appraisal-based valuations need to... 12th September 2024 · 21 mins read
UK Housing Market Update RICS Residential Market Survey (Aug. 2024) Rising demand points to faster house price growth August’s RICS survey provided further evidence that housing demand is picking up in response to the recent falls in mortgage rates. What’s more, our... 12th September 2024 · 3 mins read
US Housing Market Chart Pack US Housing Market Chart Pack (Aug. 2024) A pullback in buyer demand paired with rising supply has cooled the market, causing house price inflation to ease in the first half of the year. With the spring selling season now over, though, and... 11th September 2024 · 1 min read
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
China Economics Weekly Mortgage rate cut would offer modest consumption boost Officials in China are reportedly planning to reduce the interest rate on existing mortgages. A similar move last year did little to lift consumption because the reduction in mortgage rates was offset... 6th September 2024 · 7 mins read
