UK Datanote: UK Money & Credit, May 2024

• In one line: Consumers are back in business.

Rob Wood (Chief UK Economist)UK

June 2024 - U.K. Housing Watch

STEADY GROWTH DESPITE STICKY RATES...

• ...HOUSING MARKET ACTIVITY TO ACCELERATE IN H2

Rob Wood (Chief UK Economist)UK

May 2024 - U.K. Housing Watch

LATER RATE CUTS SLOW THE HOUSING MARKET RECOVERY...

• ...WE EXPECT HOUSE PRICES TO RISE ONLY 3% IN 2024

Rob Wood (Chief UK Economist)UK

UK Datanote: UK Money & Credit, April 2024

• In one line: April was a bad month for consumers, but don’t write them off.

Rob Wood (Chief UK Economist)UK

UK Datanote: U.K. Money & Credit, March 2024

• In one line:Lower borrowing costs sparked a wave of refinancing in Q1, which likely will unwind in Q2.

Rob Wood (Chief UK Economist)UK

April 2024 - U.K. Housing Watch

A SMALL WOBBLE AS MORTGAGE-RATE DROP PAUSES...

• ...BUT PRICES WILL STILL RISE 4% IN 2024

Rob Wood (Chief UK Economist)UK

UK Datanote: U.K. Money & Credit, February 2024

• In one line:Consumer caution fading in response to lower interest rates.

Rob Wood (Chief UK Economist)UK

UK Datanote: U.K. Money & Credit, January 2024

• In one line: Consumer credit rebound backs up retail sales recovery in January.

Samuel TombsUK

February 2024 - U.K. Housing Watch

PRICES HAVE TURNED A CORNER; EXPECT A 5% RISE IN 2024...

• ...AS REAL INCOMES RISE & MORTGAGE RATES EDGE LOWER

Samuel TombsUK

UK Datanote: U.K. Money & Credit, December 2023

• In one line: Households won’t stay this cautious for long.

Samuel TombsUK

January 2024 - U.K. Housing Watch

PRICES HAVE NEARLY STABILISED; EXPECT A 5% RISE IN 2024...

• ...AS REAL INCOMES RISE & MORTGAGE RATES KEEP FALLING

Samuel TombsUK

December 2023 - U.K. Housing Watch

HOUSE PRICE NADIR IS JUST A COUPLE OF MONTHS AWAY...

• ...FALLING MORTGAGE RATES WILL LEAD TO A 5% RISE IN 2024

Samuel TombsUK