Earlier this year, the UK decided not to join the EMU for the time being. The decision was due to the UK failing to meet three out of the Chancellor's 'Five Tests'. The main reason was the structure of our ...
'Is the UK housing market in crisis?': Lack of homes is forcing an increasing number of people into homelessnessIn 2021/22, just 7,528 new social homes were delivered. That's nowhere near enough for the 1.1 million people on the waiting list and the g...
The UK housing market has exhibited persistent price volatility over the past 40years, which has deleterious social and economic consequences. This is the first of two papers to synthesise the work of the Joseph Rowntree Foundation's Housing Market Taskforce that was established to identify long-...
Source: The Guardian, Ministry of Housing, Communities & Local Government, ONS; 1970-2018. Note: Figures unavailable for Northern Ireland. All this brings us to 2020, and the coronavirus pandemic, which has served to sharpen many of the inequities of the UK housing market. Prices continued to...
Housing MarketThe U.S. housing market is a major indicator of the strength of the economy. When the economy is strong and people are...READ MORE More Economy Home Prices Continue to Rise New York, Chicago and Las Vegas saw the largest increases in prices among assessed cities. Tim SmartDec...
housing market bubble burst and the resulting credit market crisis pushed the U.S. economy into its worst recession since the Great Depression. Now that the U.S. has just begun its ninth year of economic expansion, what does the housing market look like today? Are there any signs that ...
Since the last trough in May 2022 when supply fell to just over 1.1 months, it has gradually risen and reached about 1.8 months by June. If a healthy supply timeline ranges from four to six months, the current for-sale housing market here continues to strongly favor sellers.Medi...
UK households appear to over-respond to changes in consumption and human capital, but they do not over-respond to stock returns. Interestingly, we find that when household overconfidence is removed, house prices in London have been flat since the 2008 financial crisis, indicating that the recent...
Open Property Group has analysed house price changes across all UK local authority (LA) districts over the past 12 months*. A topline analysis of the UK housing market might suggest that things are looking up after a tricky couple of years. In the past 12 months, the UK’s average house...
“Our research suggests that policy tightening will strongly affect demand through the housing market,” Moberly concludes. “This finding supports our view that policy rates will peak at 4.25% after a final hike in March, as the Monetary Policy Committee balances the need to bring i...