RICSSenior Economist, Asia-Pacific
Mr Sean Ellison is responsible for the RICS Economics team’s research into the Asia Pacific property sector, identifying market risks to the sector and analysing economic events and their effects on real estate. Mr Ellison manages our regional surveys and proprietary data, including the Global Commercial Property Monitor, a market-leading report on commercial property occupier and investor sentiment from property professionals worldwide. In addition to contributing economic insights, market intelligence and analyses to RICS business strategy, his work also contributes to our advisory capacity to international policy organisations.
Mr Ellison joined the RICS Economics team after working as a strategist in the Hong Kong and Singapore financial services industries, where he advised global institutional investors on strategies for Asian equity, foreign exchange, fixed income, commodity and derivative markets. Sean also modelled and maintained forecasts across asset classes and provided a top-down analysis of major economic events. Mr Ellison holds a bachelor’s degree in Economics from Canada’s Brock University.
Sean Ellison, 15 Aug 2018
Earlier this week, US President Donald Trump signed the Foreign Investment Risk Review Modernization Act (FIRRMA) into law. In a recent interview with South China Morning Post, I discussed how this new law might impact Chinese investment in the States, but I want to elaborate further on what it means to real estate markets.
Sean Ellison, 26 Jul 2018
Results from the Q2 Global Commercial Property Monitor show that the positive momentum across most Asia-Pacific markets in Q1 continued into Q2, though at a slightly more subdued pace. Although some markets were seen to be in the later stages of the cycle, expectations for rent and capital growth are indicative of a "soft landing" rather than anything more severe.
Sean Ellison, 28 Jun 2018
Official data shows that tighter credit conditions are beginning to act as a drag on the Chinese economy, but what affect is this having on real estate companies?
Sean Ellison, 27 May 2018
As new forms of capital continue to target commercial property, traditional property investors are looking to alternative property assets to generate adequate returns. As investors venture further afield from what is traditionally considered "core" commercial real estate assets, an important question to ask is: How this will affect their risk profile?
Sean Ellison, 26 Apr 2018
The RICS Global Commercial Property Monitor indicates that momentum in most commercial property markets across Asia Pacific was positive in the first quarter of 2018. Despite concerns over valuations in some markets, respondents indicate that momentum is likely to increase over the next 12 months.
Sean Ellison, 21 Feb 2018
Momentum in the housing market has moderated slightly from previous months. The Confidence Index, an amalgamated measure of short-term price and sales expectations, fell to 39 in January from 51 in December, but is still indicative of positive momentum in the residential market.
Sean Ellison, 08 Feb 2018
Mainland Chinese demand has significantly shaped property markets globally, eliciting a response from both professionals and policymakers. This has been particularly true for mainland Chinese purchases of overseas housing, which has reshaped residential property markets across Asia Pacific and beyond.
Sean Ellison, 07 Dec 2017
Studies show that productivity growth in the real estate and construction sectors has been significantly slower than other segments of the economy, such as manufacturing. However, the implementation of standards and the introduction of new technologies could be set to change this.
Sean Ellison, 14 Nov 2017
Top Chinese policymakers have highlighted the need to reduce leverage. However, the credit-fuelled momentum in mainland Chinese land markets, particularly in second-tier markets, has yet to respond.
Sean Ellison, 30 Oct 2017
Our Global Commercial Property Monitor for Q3 shows that sentiment in some ASEAN markets is set to turn higher, while momentum in some top performing markets has eased.
Access to cheap credit has resulted in unsustainable land price inflation in China. Residential prop...
On Chinese residential property developer debt at critical levels
The ad valorem stamp duty increase to 15% across all residential property transactions has dampened ...
On Hong Kong residential sales expectations plummet following introduction of new stamp duty levy
© RICS 2018
© RICS 2018