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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
And the gilts and swaps rounding things off
The deep dive this week looks at the reality of the situation in temporary accommodation, from both the official data and also a Shelter report on where it is going - which I must say, to me, looks to have a fairly conservative set of forecasts in it, particularly as new build delivery is still going down before it goes up.
On that subject, Savills’ detailed forecast on the next 5 years of housing delivery makes very interesting reading, and summarises the salient points in the sector and around the 1.5m homes target very succinctly indeed.
Enjoy
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