Blog

Factor-model analysis of global real estate markets — what drove prices, what is driving them now, and what the data says next.

New York Property Market Update — May 2026

New York property market update for May 2026: Baseline Market up 5.3% YoY but down 2.2% over the last three months, with Elevator Building factor jumping 5.2% in Q4 2025.

Read more →
What drives London property prices? A factor-by-factor view

A guided tour through the London factor model: what's driving prices right now, the current 12-month return on every major factor, and where to go next for postcode-level or long-run detail.

Read more →
Energy rating and property value

Does a better EPC band actually translate into a higher per-sqm price? London's 30-year EPC factor and Paris's GES coefficient, side by side, with the current 12-month read and the regulatory context.

Read more →
London's energy premium round-tripped; Paris's barely moved

London's EPC-rating factor peaked at +3.5% in 2022 and has since fallen to −3.6% (−4.1% YoY). Paris's GES coefficient over the same window: barely moved. Same regulatory backdrop, opposite market reaction.

Read more →
The size premium has compressed in every property market we track

In all four cities we cover, the hedonic size factor has fallen since 2020: NYC −9.3%, London −4.5%, Paris −1.9%, Singapore −0.5%. Smaller properties are gaining on larger ones everywhere.

Read more →
Singapore +55%, Paris −1%: five years of quality-adjusted property returns across four cities

Once you hold property characteristics fixed, Singapore HDB resale is up +54.7% since Jan 2020, NYC +45.5%, London +22.5%, Paris −1.4%. Paris is the only market that did not come back.

Read more →
Singapore Property Market Update — May 2026

Singapore HDB resale factor model update for May 2026: Log Building Age drives +4.9% YoY repricing while Room Density swings sharply through 2025.

Read more →
Paris Property Market Update — May 2026

Paris property market update for May 2026 — factor-model decomposition of DVF data showing Baseline Market, Log Floor Area, GES Score and Sqm per Room moves through April 2025.

Read more →
New York Property Market Update — May 2026

New York property market update for May 2026: Baseline Market +5.3% YoY but -2.2% over the last 3 months, while Elevator Building factor adds +5.3% YoY.

Read more →
London Property Market Update — May 2026

London property market update for May 2026: October 2025 factor model shows Baseline Market +9.4% YoY, Floor Area -3.8%, and energy_score -4.1%.

Read more →
Singapore HDB: why Price Tier is bimodal — and what it tells us

The Singapore Price Tier histogram has a heavy right hump. Probing covariates: post-2010 BTO flats sit overwhelmingly in the +2/+3 buckets (68%) while pre-1990 stock looks roughly bell-shaped. The model's seeing two HDB markets stacked on top of each other.

Read more →
Paris Property Market Update May 2026

Paris property market update for May 2026: factor-model decomposition of DVF data through April 2025 shows Baseline Market down 3.6% YoY while Log Floor Area drags 3.2%.

Read more →
Location Premium vs Price Tier: London's Quiet Tug-of-War Since 2020

London's Location Premium and Price Tier factors have moved in opposite directions since 2020 — prime postcodes paid a premium while top-tier homes underperformed.

Read more →
London Property Market Update April 2026

Quality-adjusted prices rose 15.2% year-on-year — the strongest gain since the pandemic. Beneath the headline: flats fell 7.2%, the floor area factor hit a new low, and new builds staged a 7.1% recovery. What you own matters more than ever.

Read more →
Series: London Property Market — A Factor-Model History (3 parts)
London Property Market: A Factor-Model History

Three decades of London property cycles, decomposed factor by factor. What Brexit did to the flat premium. Why the COVID boom was a location rotation, not a space premium. How the rate-rise correction hit flats and new builds while outer London held firm.

Part 1: Brexit to Pre-COVID (2016–2019) → Part 2: The COVID Boom (2020–2022) → Part 3: The Rate-Rise Correction (2022–2025) →