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, 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, 25 Jan 2018
Respondents to the RICS Global Commercial Property Monitor indicated that momentum in most key Asian countries picked up in the fourth quarter. Heading into 2018, contributors are expecting both rents and capital values to end the year higher.
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, 22 Nov 2017
The October 2017 Hong Kong Residential Market Survey suggests sentiment surrounding the housing market is continuing to improve. Contributors reported a steady rise in headline prices alongside an increase in buyer demand and an optimistic outlook for near-term prices and sales volumes.
Sean Ellison, 13 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.
Sean Ellison, 26 Sep 2017
China has been a key pillar in supporting global investment flows into property in recent years. Overseas real estate investment from China has grown rapidly since 2012, as shown in Chart 1.
Sean Ellison, 31 Aug 2017
As I've written before, China has a debt problem; however, given the magnitude of the issue, concern does not appear to be widespread.
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