US Housing Market Rapid Response

US Housing Starts (Jul. 2026)

Sharp declines in both single- and multi-family starts in July suggest developers were wary of starting new projects amid the renewed rise in mortgage rates. But stronger permit issuance across both...

18th August 2026 · 2 mins read

UK Housing Market Chart Pack

UK Housing Market Chart Pack (Aug. 2026)

We expect the recent softening in house price growth to continue over the rest of this year as mortgage rates fall only gradually. In fact, the lack of a sustained recovery in buyer sentiment suggests...

18th August 2026 · 1 min read

US Commercial Property Rapid Response

US Commercial Property Lending (July 2026)

Net lending by banks to commercial real estate excluding farms slowed in July to $4.1bn, from $8.9bn in June. That’s the lowest total since April 2025. Slower net lending against both multifamily and...

14th August 2026 · 1 min read

Australia & New Zealand Economics Weekly

Housing downturn will prevent further RBA tightening

With the RBA still sounding hawkish, investors think that another rate hike over the coming months is more likely than not. However, we are reluctant to bet against history as the Bank has rarely...

14th August 2026 · 6 mins read

US Commercial Property Update

Major gains for Midwest markets in warehouse rankings

Our updated analysis of 34 major industrial markets shows an improvement in the rent growth prospects for many Midwest markets, with big year-on-year gains in Cleveland, Detroit, Indianapolis and St...

13th August 2026 · 3 mins read

UK Commercial Property Update

EPC changes bad news for owners of older, large UK offices

Proposed changes to energy regulations mean the required EPC rating of at least a B will be pushed back only one year, to 2031, but it will now only apply to buildings larger than 1,000 sq. m. However...

13th August 2026 · 4 mins read

UK Housing Market Update

UK RICS Residential Market Survey (Jul. 2026)

July’s RICS survey shows that the near-term housing outlook remains weak and the risks to our forecast that house prices will rise by 1.5% in the year to Q4 2026 are still skewed to the downside. But...

13th August 2026 · 3 mins read

US Housing Market Outlook

Housing recovery still some way off

Strengthening economic growth will not provide much of a lift to the housing market, which we expect to remain in its structural malaise as mortgage rates stay above 6% over the forecast period. We...

12th August 2026 · 11 mins read

US Housing Market Rapid Response

US Existing Home Sales (Jul. 2026)

The modest fall in existing home sales in July will probably be followed by further declines in the next few releases, reflecting the steady rise in mortgage rates through June and July, which reached...

11th August 2026 · 2 mins read

Europe Commercial Property Update

Investment recovery will not be pushed off course by Iran war

Lower interest rates and an improving bank lending environment mean we expect euro-zone investment to pick up in H2, allowing the full-year total to rise by somewhat more than the 15% annual rate of...

11th August 2026 · 3 mins read

India Economics Weekly

Data centre constraints, equities to outperform, July CPI

Reports this week that Google’s planned AI data centre in Andhra Pradesh is facing stiff opposition over its environmental impact have highlighted the challenges facing India’s digital ambitions...

7th August 2026 · 3 mins read

UK Housing Market Rapid Response

UK Lloyds House Prices (Jul. 2026)

The stagnation in the Lloyds measure of house prices (recently rebranded from Halifax) in July chimes with the message from the alternative Nationwide house price index that high mortgage rates...

7th August 2026 · 3 mins read

UK Commercial Property Valuation Monitor

UK Commercial Property Valuation Monitor (Q3 26)

Property valuations improved in Q2 as the 10-year gilt yield edged down and property yields saw little movement. Given our expectation that the 10-year gilt yield will drop to 4.5% by the end of 2026...

6th August 2026 · 1 min read

Global Commercial Property Update

AI will boost office demand in tech hubs as long as the bubble lasts

We expect AI firms to drive office demand in key tech hubs as they expand and compete for top talent, although this exposure heightens the downside risk for the least diversified tech markets if we...

6th August 2026 · 6 mins read

UK Commercial Property Rapid Response

S&P Global/CIPS UK Construction PMI (July 26)

There was a sharp rebound in the construction PMI in July, with the headline measure bouncing back to 44.7, not far off its average level in the first three months of the year. However, although we...

6th August 2026 · 1 min read