Supplement 04 May 25 - Go or no go
Propenomix with Adam Lawrence
****PLEASE SHARE AND HELP TO SPREAD THE WORD OF PROPENOMIX**** This week in the ONLY agenda-free UK Property and Macroeconomic roundup: The deep dive looks at MHCLG figures on statutory homelessness duties, a Shelter report on trends in temporary accommodation, and Savills publication this week on the Housing Challenge as they prefer to call it! We also have, in the Macro section: The Nationwide House Price Index for April The Bank of England Money and Credit Report for “Stamp month” A precis of the local election results and what a Reform government would look like...
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Supplement 09 Mar 25 - Tension
Propenomix with Adam Lawrence
****PLEASE SHARE AND HELP TO SPREAD THE WORD OF PROPENOMIX**** This week in the ONLY agenda-free UK Property and Macroeconomic roundup: The deep dive looks at a couple more reports - The Home Builders’ Federation Q4 pipeline report, and UK Finance’s report on Household Finances from Q4, both published this week. We also have, in the Macro section: The Halifax House Price Index The Bank of England Money and Credit Report - with something to watch out for and be aware of The final PMIs for February The gilts and swaps - bringing up the rear as always, with some extra...
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Supplement 02 Mar 25 - Meaningful PRS Research!
Propenomix with Adam Lawrence
****PLEASE SHARE AND HELP TO SPREAD THE WORD OF PROPENOMIX**** This week in the ONLY agenda-free UK Property and Macroeconomic roundup: The deep dive looks at a couple more reports - Zoopla’s efforts for the month which get into flats and houses, and the differences - and I attempt to add some depth, and then a great report from the Nationwide Foundation about the Private Rental Sector - the best I’ve read, bar none. We also have, in the Macro section: The Nationwide House Price Index Confidence - and the return of it, or a couple of green shoots anyway...
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Supplement 23 Feb 25 - Inflation back to the REAL target
Propenomix with Adam Lawrence
****PLEASE SHARE AND HELP TO SPREAD THE WORD OF PROPENOMIX**** This week in the ONLY agenda-free UK Property and Macroeconomic roundup: The deep dive looks at a couple of reports that have been on my hit list for some time. One from the centre, and one from left of centre - firstly, the hotel of mum and dad; then the positive changes in housing circumstances for young people in Britain over the past decade (and my idea of irony on that subject). We also have, in the Macro section, in “mega week”: The ONS Labour Market Report INFLATION - and just how “Back”...
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Supplement 16 Feb 25 - Growth surprise?
Propenomix with Adam Lawrence
****PLEASE SHARE AND HELP TO SPREAD THE WORD OF PROPENOMIX**** This week in the ONLY agenda-free UK Property and Macroeconomic roundup: The deep dive goes back in for a second bite of the cherry on the Bank of England Monetary Policy report that accompanied the meeting the week before; plus the invaluable insight that I get directly from the regional rep of the Bank at the Quarterly briefings. He speaks to the committee directly - and let’s face it, that’s as close as I’m getting at any point in the near future. We also have, in the Macro section: The RICS...
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Supplement 9 Feb 25 - Step Change?
Propenomix with Adam Lawrence
****PLEASE SHARE AND HELP TO SPREAD THE WORD OF PROPENOMIX**** This week in the ONLY agenda-free UK Property and Macroeconomic roundup: The deep dive has no choice - there’s the most fundamental switch in approach from one of the Bank of England’s Monetary Policy Committee members that there has been in - a LONG time - and it needs discussion at an appropriate level. Does it mean that interest rates are dropping faster than some misery guts - Propenomix included - have been saying? We also have, in the Macro section: The Halifax House Price Index The PMIs - my...
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Supplement 2 Feb 25 - The New Dawn?
Propenomix with Adam Lawrence
****PLEASE SHARE AND HELP TO SPREAD THE WORD OF PROPENOMIX**** This week in the ONLY agenda-free UK Property and Macroeconomic roundup: The deep dive goes long - Rachel Reeves is going “Further and Faster” - no, not out the door of Number 11 as some have been hoping - but for GROWTH We also have, in the Macro section: The Nationwide House Price Index (and affordability report) - in detail The Bank of England Money and Credit Report - with implications The ONS real-time report on Economic Activity and Social Change in the UK - and how we are stacking up compared to 5+...
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Supplement 26 Jan 25 - This Guy
Propenomix with Adam Lawrence
****PLEASE SHARE AND HELP TO SPREAD THE WORD OF PROPENOMIX**** This week in the ONLY agenda-free UK Property and Macroeconomic roundup: The deep dive goes for the trifecta this week - an interesting but strange Hamptons report about the rental market - a fascinating piece about a Community Rent Model - and some musings on the “big debate” I was involved in this week. We also have, in the Macro section: (Un)employment - that week of the month. Weak? Confidence (or more accurately, lack thereof) The flash PMIs - my favourite real time indicator of economic health...
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Supplement 19 Jan 25 - Storm in a Teacup
Propenomix with Adam Lawrence
****PLEASE SHARE AND HELP TO SPREAD THE WORD OF PROPENOMIX**** This week in the ONLY agenda-free UK Property and Macroeconomic roundup: The deep dive goes into the low and high pay report from the ONS - with some unreported but eye-opening headlines - and also takes a look at the 6-monthly ONS migration report in a significant level of detail We also have, in the Macro section: Inflation - you know it - and downside misses on forecasts Growth, Growth, Growth - and the microscopes needed to find it The ONS Private Rents and House Prices report, always illuminating...
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Supplement 12 Jan 25 - C'mon Rachel
Propenomix with Adam Lawrence
****PLEASE SHARE AND HELP TO SPREAD THE WORD OF PROPENOMIX**** This week in the ONLY agenda-free UK Property and Macroeconomic roundup: The deep dive goes into the household and national balance sheets - lifting the lid on how good, or bad, the UK finances as a whole truly are. As a bonus, we look at UK Finance’s forecasts for 2025 and 2026 when it comes to lending, and specifically buy-to-let of course. We also have, in the Macro section: The Halifax House Price Index and their take on 2025 The Services and Construction PMI final prints for December and the Composite...
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This week in the ONLY agenda-free UK Property and Macroeconomic roundup:
The Resolution Foundation’s recent report “Housing Hurdles” gets the full treatment in the deep dive today.
The Nationwide House Price Index and surprises or lack thereof
The Manufacturing PMI final print for December and glum accompanying commentary
The Bank of England Money and Credit report for November and the first backward step for a while - but, in context, of course
The gilts and swaps - in another thin trading week, be careful……
And in the deep dive......
The Resolution Foundation made waves with their recent report because they chose a headline about how much home ownership had improved for millennials in the previous decade. This was no surprise to me as I follow the actual figures rather than the media hype - but there’s plenty of interest including their analysis and methodology right under the microscope this week, as I go into detail about how I think a really robust piece of work would go about making comparisons with 35 years ago.
What you know at the end is - as ever-present, we will be Keeping Calm and Carrying On throughout 2025 - 1 down, 51 to go…….
Enjoy
Workshop tickets at https://bit.ly/pbwfive