Author Archives: proprateanalyst

About proprateanalyst

WWW. PROPRATE.CO.UK

Mortgage Refis and Mortgage Application

Mortgage applications increased 1.3 percent from the prior week, according to the weekly report from the Mortgage Bankers Association’s (MBA). The Purchase and Refinance indexes increased 0.1 percent and 0.2 percent respectively. Refinance volume also climbed 1.3%, while the Purchasing … Continue reading

Posted in House Price, Interest Rate, Mortgage, Uncategorized, USA House price, usa real estate | Tagged , , , , , , | Leave a comment

Australian GDP Growth Slows

Australian Q1 2011 GDP release, reported the largest quarterly contraction of 1.2%. Farm GDP declined by 10%, while non-farm GDP declined 1% on a quarter-to-quarter basis. “Flooding, which began in late December 2010 combined with cyclones in both Queensland and … Continue reading

Posted in australia property price, GDP, House Price, Property, Property Cycle, Real Estate | Tagged , , , , , , , , | Leave a comment

Mortgage Approvals Stabilising at Low Levels

Bank of England Lending to Individuals publication released June 29, reported a mortgage approvals increased in the month of May 1.1% but down 1.4% for the quarter and 7.4% for the year. Mortgage approvals appear to be trending sideways and … Continue reading

Posted in Uncategorized | Leave a comment

Sales-to-Inventory and House Prices Update

This blog updates Proprate’s charts titled Sales-to-Inventory and House Prices and extends the prior blog with the regional sales to inventory.  Chart.1 below illustrates the correlation of UK RICS sales-to-inventory ratio (SIR)  with that of house price inflation. Since our … Continue reading

Posted in Halifax House Price Index, House Price, Nationwide House Price Index, Property, Property Cycle, Real Estate, Sales-to-Inventory, UK Property | Tagged , , , , , , , , , | Leave a comment

UK Inflation Report for May 2011 More of the Same-

The June 17 Inflation release by the Office of National Statistics (ONS), reported a larger than anticipated annual inflation rate of 4.5% unchanged from April. Annual inflation as measured by CPI has remained above the inflation target of 2% for … Continue reading

Posted in Consumer price Inde, consumer price index, Halifax House Price Index, House Price, inflation | Tagged , , , , , , , , , , , | Leave a comment

US House Price Decline-Federal Housing Finance Agency’s House Price Index

Federal Housing Finance Agency’s (FHFA) seasonally adjusted purchase-only house price index (monthly) was down 0.3% in March.  The FHFA quarterly index was also 2.5% lower in Q1 2011 when compared to Q4 2010.  The index is down 19.8% from the … Continue reading

Posted in House Price, Property, Property Cycle, Real Estate, USA House price | Tagged , , , , , , , , , | Leave a comment

US Housing Market Charts

Here are some interesting charts on the USA national housing market.The charts tell an interesting story about the state of the housing market in the USA Residential Construction data Released May 17 2011 Building starts fell from fell 10.6% in … Continue reading

Posted in House Price, Housebuilding, Property, Property Cycle, Real Estate, Sales-to-Inventory | Tagged , , , , , , , | 1 Comment