All articles by Jon Masters – Page 2

  • Blogs

    Market Commentary - property pushing on

    2009-10-26T15:20:00Z

    As equity markets pause for breath and slip back among growing concerns about the state of the economy the property market along with derivative pricing pushed on and even the Dec 09 contract finally clambered out of the negative pricing range! RICS reported that Inquiries and new lettings activity in ...

  • Blogs

    Residential Market: House price rise

    2009-09-16T10:51:00Z

    This week the Land Registry reported that house prices rose 1.7% in July, making it the strongest monthly growth figure since July 2004. Mortgage approvals rose to 50,123 in July, up from 47,891 in June. This is the highest level of approvals in 15 months and could be an important ...

  • Blogs

    Market Commentary: Surge continues

    2009-09-16T10:49:00Z

    The market shook off the holiday blues with gusto this week and continued its surge upwards. The Dec 09 contract traded at -500 and then again in small size at -400 but settled back at -500 mid. The Dec 10 contract traded up at +175, offering an implied return of ...

  • Blogs

    Residential Market: Feeling positive about next 12 months

    2009-09-02T14:48:00Z

    At the end of last week we saw the 1-year HHPI forward being priced at over 100 for the first time for over two years, meaning that the market believes that the HHPI index will be positive over the next 12 months. In support of this, the British Bankers’ Association ...

  • Blogs

    Market Commentary: Summer hols hit trading volumes

    2009-09-02T14:43:00Z

    With the summer holidays in full swing, the UK market has been very quiet this week. Trading activity has been very low, resulting in very little movement in the IPD swap prices. This compares to the large upward movements which we saw in late July and early August. In the ...