US, UK Housing Sectors Continue Slow Decline in Credit Quality: October 2020
To download the October 2020 Housing Aggregate PDF, click here. . Once again, no news may be good news for the US housing sector. There are positive forces, such as interest rates for mortgages at or near record lows, and a potential trend of buyers moving away from urban areas amongst other factors that may […]
Credit Quality for US, UK Housing Sectors Stable: September 2020
To download the September 2020 Housing Aggregate PDF, click here. . With the economic picture still murky, no news may be good news for the US and UK housing sectors. Credit quality has seen little change in each region with the most recent update. Recent positive signs in the US and UK markets may suggest […]
Credit Quality for UK Housing Continues to Worsen: August 2020
To download the August 2020 Housing Aggregate PDF, click here. . The US housing sector can breathe a (perhaps temporary) sigh of relief. The UK housing sector, however, may be taking a turn for the worse, with credit quality diminishing. There have been some positive signs in recent weeks, like rising sales, increased construction, and […]
Credit Quality for US Housing Sector Getting Worse: June 2020
To download the June 2020 Housing Aggregate PDF, click here. . A myriad of problems are confronting the US housing market — far fewer homes are being built and new construction planning processes are diminishing. The rate of home sales is also falling. While there is some evidence emerging that things are beginning to look […]
Credit Quality for US Housing Sector Deteriorates Sharply
To download the May 2020 Housing Aggregate PDF, click here. . Problems in the US housing sector abound. Credit quality for both US- and UK-based firms continues to deteriorate, but the moves are significantly more dramatic in the US, with average probability of default increasing 3% over the last month and 13% over the past […]
Housing Sector Credit Quality Weakens for US, UK Firms as Market Faces Increasing Challenges
To download the April 2020 Housing Aggregate PDF, click here. . The economic devastation brought on by COVID-19 is sparing no sector and housing is no exception. While US and UK housing firms began the new year with some moderately positive credit news, that is now over. Both groups have seen credit deterioration this month, […]
Housing Credit Risk for US, UK Remains Vulnerable
The crucial upcoming spring season of home buying and selling may be under threat from the economic downturn posed by the spread of COVID-19. Though low interest rates pose a strong incentive for mortgage borrowers, the economic uncertainty may prove too strong a deterrent for some buyers. Both buyers and sellers are also likely to […]
Housing Credit Risk in Freefall for US, Stabilizing in UK
US building permits hit a 13 year high this week, supported by a low mortgage rates. Despite this apparently positive outlook for the sector, Consensus credit risk data indicates that credit quality for US Household Goods & Home Construction companies has been steadily falling for some time. In the UK, post-election optimism and increased certainty […]
