Sentences with phrase «affordability conditions remain»

«Affordability conditions remain favorable in most of the country, and we're still dealing with a large pent - up demand,» he said.

Affordability conditions remain favorable in much of the country, but consumers need access to safe and sound financing, particularly the 30 - year fixed - rate mortgage, and with low downpayment options for first - time buyers,» Yun said.

Despite rising mortgage rates during the past month, which have affected refinance originations, affordability conditions remain high and should not present a significant obstacle to potential homebuyers.

Not exact matches

While this has caused appreciation to slow across many property types within the Greater Vancouver market, condominiums have remained remarkably resilient in the face of recent conditions due to their relatively better supply and affordability.

Housing affordability conditions are forecast to remain favorable through next year, with the 30 - year fixed - rate mortgage staying near record lows for the balance of this year but gradually rising to 4 percent in the second half of 2013.

«There is still a supply - and - demand problem, mortgage rates are still on the rise, affordability remains an issue in many major markets, and the wider - ranging effects of the new tax plan are still unknown — so it's unclear whether this slowed growth will lead to housing market price plateaus or declines, but the conditions are certainly in place for that potential outcome.»

«Solid economic conditions and millennials in their prime buying years should be translating to a lot more sales to first - timers, but the unfortunate reality is that the nation's homeownership rate will remain suppressed until entry - level supply conditions increase enough to improve overall affordability,» says Yun.

«Housing affordability, both nationally and in the four major urban markets we examined, remains very attractive compared to conditions over the past couple of decades.»