Sentences with phrase «average house prices rose»

Royal LePage Real Estate Services says Canada's housing market «got off to a surprisingly strong start in 2007» with average house prices rising in all major markets surveyed in the company's first quarter report.

Not exact matches

On average, 87 % of the 150 housing markets tracked by NAR experienced rising home prices in 2016, up from an average of 75 % in 2014.
The average selling price for all homes in the Greater Toronto Area, including houses and condos, surged to $ 916,567 in March, a 33 per cent rise from the year before, according to the Toronto Real Estate Board.
The company's latest House Price Survey, released Tuesday, found that most regions showed healthy year - over-year price growth, with the average price of a home in Canada rising between 2.5 per cent and 5.4 perPrice Survey, released Tuesday, found that most regions showed healthy year - over-year price growth, with the average price of a home in Canada rising between 2.5 per cent and 5.4 perprice growth, with the average price of a home in Canada rising between 2.5 per cent and 5.4 perprice of a home in Canada rising between 2.5 per cent and 5.4 per cent
Mortgage payments as a percentage of income (MPPI) rose 0.6 points, as a 6.6 % increase in house prices outweighed lower mortgage rates and a higher average median income.
Whatever is the current cause of the rise of prices in the housing market, when computed as the mortgage cost in labour time in terms of the average weekly salary, residential properties, with the exception of the 1988 - 1991 period, are now clearly less affordable for middle - class Canadians than they were for the last five decades.
If rising prices move these ratios above their long - run averages, then either incomes or rents are likely to rise, or house prices to fall.
One recent forecast for the Phoenix housing market suggests that home prices will rise at a more modest, but historically average, pace of around 3.5 % over the next year.
A new forecast for the Los Angeles housing market suggests that home prices could rise considerably slower over the next year than the previous 12 months, settling into a historically average rate of growth.
Average house prices have risen 11.3 percent since the market bottomed at the end of 2009, according to central bank data at the end of the first quarter.
Data provided show housing prices in the surveyed cities rose 1.75 % on average in February from a year earlier, accelerating from the 0.63 % increase in January from a year earlier, the first increase of its kind since February last year.
A survey of property developers and real estate companies showed the average price of housing in 100 Chinese cities rose by a modest 0.03 % in December from a year earlier, data provider China Real Estate Index System said Friday.
Since the trough in the first quarter of 2009 following the financial crisis, the average UK house price has risen by 40 %.
After a couple of years of above - average appreciation, house prices now appear to be rising more slowly.
That's the prediction by leading agent RE / MAX in the, which believes prices will rise just 2 % on average across the nation in 2017, according to the 2017 RE / MAX Housing...
A recent forecast for U.S. home prices suggests that house values will rise more slowly in 2017, more closely matching historical averages.
Both teams also agree that the «median price of total existing homes» (average house prices, excluding new builds) are likely to edge up, although there could be some volatility that might see prices drop below — as well as rise above — current levels.
In the last 25 years, the average resale price of single family home in Toronto rose by 4 times, detached house in Vancouver rose by 5 times, while the TSX total return index rose by 13 times.
If prices continued to rise at their current rate, the average house would fetch $ 10 million by 2037.
TORONTO — Housing sales in the Toronto area continued to soar last month, with the average price rising 20.4 per cent from September last year to $ 755,755, the Toronto Real Estate Board reported Wednesday.
Although the real estate industry insists we're not in a bubble, house prices continue to climb into nosebleed territory: the price tag on Vancouver's average dwelling has risen to a staggering $ 762,100.
The average sale price for detached houses in Toronto proper rose to $ 1.29 million, up 23 per cent from a year earlier.
Average house prices in Hamilton have been rising dramatically in recent years, making the city very attractive to investors.
After a couple of years of above - average appreciation, house prices now appear to be rising more slowly.
The rise in Vancouver's average housing prices compared with the growth in average wages, rents and other economic factors make it the most likely to experience a sudden downward correction compared with 17 other large cities around the globe, according to the UBS Global Real Estate Bubble Index released this week.
Assume that the average house currently costs four times the average salary, and that house prices rise 1 % faster than salaries indefinitely.
While rumours are true — Edmonton's residential real estate activity was down by 10.8 %, year - over-year in February 2018 — this needs to be balanced with the city's rising average house prices, which were up 3.9 %, year - over-year.
When it comes to new homes, prices have risen slightly in Saint John, with buyers paying $ 364,000 on average for a detached house in 2016.
The average selling price for all homes in the Greater Toronto Area, including houses and condos, surged to $ 916,567 in March, a 33 per cent rise from the year before, according to the Toronto Real Estate Board.
And this is true as housing prices have been rising in the past years and from a recent survey conducted it was found that the average price of a home in this region has been increasing by seven percent year after year.
As such, housing prices are expected to rise slowly; the average forecast is for about a 1 % growth in 2012, which is down considerably from the 7.7 % growth levels expected in 2011.
The average price of detached houses in the Greater Toronto Area rose to $ 1.21 million last month, up 33.4 per cent from a year ago.
Given that the housing market crashed not too long ago, and that average home prices have now risen above what they were before the crash, you might be worried about buying at the top of the market and suffering through another downturn.
Royal LePage has forecast that the average house price in Canada to rise by 4.5 % in 2005.
RE / MAX issued a similar forecast, predicting average house price to rise by a more bullish 6 %.
It says the average price for all types of housing is expected to rise to about $ 825,000 — up from $ 730,472 in December and $ 729,922 for the 2016 calendar year.
The average prices for all three housing types surveyed rose between 16.6 and 19.1 per cent in year - over-year analysis for this quarter.
A new forecast for the Los Angeles housing market suggests that home prices could rise considerably slower over the next year than the previous 12 months, settling into a historically average rate of growth.
They burden people with rising prices and businesses, jobs and wages are put at a competitive disadvantage, just as policies that affected house prices have left millions paying through the nose for rents, and stacked huge liabilities on people on average incomes.
The average purchase price is currently very high, making investing more difficult — even though demand for rental housing is strong and the rents that tenants are willing to pay are rising.
WinnipegRealtors says that based on Manitoba's average resale price of $ 168,421 in 2007 compared to $ 85,404 in 1997, the amount of LTT payable in Manitoba increased 358 per cent, versus the 97 per cent house price rise.
The majority of housing markets remain affordable to the average family, but rising mortgage rates and rising housing prices are causing more families to have to stretch financially, according to the mortgage giant.
Of the housing types surveyed for the report, the highest average price appreciation occurred in detached bungalows, which rose to $ 292,237 (+15.6 per cent) year - over-year, followed by standard condominiums, which rose to $ 208,403 (+14.2 per cent), and standard two - storey properties, which increased to $ 351,367 (+13.3 per cent).
A realtor.com ® analysis of the top 20 housing markets revealed monthly mortgage payments have increased dramatically in five markets, where home prices are rising faster than the national average.
CAR reports the average house price in LA rose about 10 % in late summer of 2017.
The three - month moving average of new home sales has increased steadily for more than a year as more housing markets begin to see rising home prices and improving consumer sentiment.
Housing prices in San Francisco have risen dramatically faster than the national average.
After a couple of years of above - average appreciation, house prices now appear to be rising more slowly.
A new forecast for the Los Angeles housing market suggests that home prices could rise considerably slower over the next year than the previous 12 months, settling into a historically average rate of growth.
One recent forecast for the Phoenix housing market suggests that home prices will rise at a more modest, but historically average, pace of around 3.5 % over the next year.
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