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

Europe Commercial Property Valuation Monitor

Europe Commercial Property Valuation Monitor (Q3 2026)

Commercial property valuations improved in Q2 as alternative asset yields fell and property yields edged slightly higher. While rises in government bond yields so far in Q3 will be a drag, we expect...

5th August 2026 · 0 mins read

RBA Watch

RBA’s next move will be down, but not until H2 2027

We expect the RBA to leave rates on hold at its August meeting. Although the Bank is likely to continue talking tough on inflation for a while, we don’t think it will go so far as to raise rates again...

4th August 2026 · 8 mins read

Australia & New Zealand Chart Pack

ANZ Chart Pack (August 2026)

Our ANZ Chart Pack has been updated with the latest data and our analysis of recent developments. Data released over the past month showed that Australia's labour market, housing market, and...

3rd August 2026 · 1 min read

Australia & New Zealand Economics Update

Housing downturn will prevent further rate hikes

Australian house prices kept falling at a rapid pace in July. With affordability still very stretched and leading indicators flashing red, the downturn has much further to run.

3rd August 2026 · 3 mins read

UK Housing Market Rapid Response

UK Nationwide House Prices (Jul. 2026)

The small 0.1% m/m rise in the Nationwide measure of house prices in July shows that higher mortgage rates since the start of the Iran war continued to constrain house price growth. And with the...

31st July 2026 · 2 mins read

Australia & New Zealand Economics Weekly

RBA is done hiking rates

Underlying inflation in Q2 didn’t pick up nearly as much as the RBA had expected. Although the path to disinflation is likely to be bumpy, we think the Bank will judge policy sufficiently restrictive...

31st July 2026 · 5 mins read