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This week in the agenda-free UK Property and Macroeconomic roundup:
Real-time market performance and insights
The race to sell everything before October 30th is catching on - 2024's pandemic, some might say (or more accurately epidemic)
Nationwide's house prices and deeper dive into energy performance and the impact on prices
The money supply and mortgage completions - both on the rise
Retail sales from the CBI
And then......
Hamptons International's recent report into the pace at which BTL landlords are exiting, or NOT buying - more importantly, in their view. The figures are incredible.
I blend that in with some TwentyCi data on London, and the other regions - telling the same story with more clarity on the figures - and some shocking home truths about availability of rental units.
I finish with a look at the ONS data which always drops without commentary around housing starts - and just how far we are off the Valhalla targets set by Angela Rayner, but also, how it can't be any worse than it already is (pending a major supply shock to capital, labour, or investment......)
What you know at the end is - even if Starmer speaks with all the positivity of a walnut whip, we will be Keeping Calm and Carrying On (and not leaving the country, as is currently the leading option on a LinkedIn poll I've been running regarding the outcome of the budget on October 30th!)
Enjoy
Property Business Workshop tickets: http://bit.ly/pbwfour
