Sentences with phrase «affordability measures in»

TORONTO — The Ontario government is expected to unveil a suite of housing affordability measures in the coming days aimed at cooling soaring home prices in the Greater Toronto Area.

Homeownership has moved further out of reach, with affordability measured in the ATTOM Data Solutions Q4 2016 Home Affordability Index falling steeply in the fourth quarter to its lowest level since 2008.

Not exact matches

The Ontario government introduced a package of 16 measures Thursday designed to tame runaway home prices in Toronto and surrounding cities, and improve affordability for those hoping to own or rent property.

How about looking at the measure most ordinary folk go by, which is affordability — i.e. monthly mortgage payments in relation to their income.

They claim flaws in RBC's methodology exaggerate affordability, so the measures should take second place to the price - to - income ratio and other indicators showing substantial overvaluation.

Aggregate housing affordability measure for Toronto hit its most stressed level in a quarter century

RBC's aggregate measure for housing affordability in Canada rose by 1.2 percentage points in the second quarter to 42.8 per cent, the biggest quarterly increase in six years.

Zeke Emanuel, Aaron Glickman, and David Johnson propose in the Journal of the American Medical Association a new «affordability index» as a way to measure health costs in America.

RBC's housing affordability measure for the benchmark detached bungalow in Canada's largest cities in the second quarter of 2014 is as follows: Vancouver 81.8 (down 0.3 percentage points from the previous quarter); Toronto 55.9 (down 0.2 percentage points); Montreal 37.3 (down 1.6 percentage points); Ottawa 36.0 (down 0.4 percentage points); Calgary 33.6 (down 0.8 percentage points); Edmonton 31.7 (down 1.1 percentage points).

The RBC Housing Affordability measure, which has been compiled since 1985, is based on the calculated costs of owning a detached bungalow (a reasonable property benchmark for the housing market in Canada) at market value.

RBC's affordability measures fell between 0.5 and 1.5 percentage points but remained close to long - run averages, suggesting that affordability likely plays a neutral role in home buying decisions in the province.

The RBC housing affordability measure captures the proportion of pre-tax household income that would be needed to service the costs of owning a specified category of home at current market values (a fall in the measure represents an improvement in affordability).

Affordability in the province improved modestly with RBC measures easing between 0.2 and 0.9 percentage points.

«Owning a home at market price in Canada still took an abnormally large bite out of household income, but RBC's aggregate affordability measure was unchanged in the fourth quarter after a string of six quarterly increases,» said Craig Wright, senior vice-president and chief economist, RBC.

In 2013, as part of a broader package of fiscal measures, Tonga lowered import duties from 20 % to 5 % for imported fresh, tinned or frozen fish in order to increase affordability and promote healthier dietIn 2013, as part of a broader package of fiscal measures, Tonga lowered import duties from 20 % to 5 % for imported fresh, tinned or frozen fish in order to increase affordability and promote healthier dietin order to increase affordability and promote healthier diets.

He also specifically addressed the decline in the state's population, saying he will propose measures designed «to address affordability» in New York.

• David Miliband has used a rare intervention in the Commons to dismiss the measure as a «rancid bill» that is «not about fairness or affordability».

Affordability measures are included in bids The City Council - adopted resource plan, which also projects the construction of a 500 - MW natural gas plant, envisions that Austin Energy will acquire the solar energy by 2017 if the power is «available and affordable.»

The U.S. ranks dead last among developed nations on this measure of affordability, as illustrated in the subsequent figure for a single parent earning half the average wage.

seeks to amend the bill with measures on financial literacy, principal competence in turnaround schools and college affordability for low - income students.

But time is on your side right now: Home values are continuing to climb, with the median existing single - family home price increasing in 148 of the 178 cities measured by the National Association of Realtors ®» latest Metropolitan Median Area Prices and Affordability quarterly study.

Sousa will outline Ontario's plan to address housing affordability in next week's fall economic statement, but he wouldn't say if he plans to offer tax breaks to first - time buyers or take measures to help lower prices.

TORONTO — Federal and Ontario finance ministers say that while they are concerned about diminishing housing affordability in Toronto, they will not introduce measures for homebuyers that could impact house prices in the city by boosting demand.

At the same time, measures to make mortgages more difficult to obtain result in reduced housing affordability.

In October, the federal government implemented new measures designed to slow the housing sector, including higher affordability thresholds that borrowers have to meet to qualify for mortgages.

This measure is part of a package of reforms to reduce pressure on housing affordability in Australia.

As another measure to tackle housing affordability, beginning in the 2018 tax year, the provincial government will enforce a new annual speculation tax on residential real estate targeted at foreign and domestic homeowners who do not pay income tax in BC.

Robert Hogue, a senior economist with RBC, says that housing affordability, as measured by the percentage of household income needed to pay monthly mortgage, property tax and utility bills, hasn't been this low in years.

Still, the affordability measure has more relevance to newer home buyers since the vast majority of Canadians will have bought their homes in the past, when prices were lower.

In Ontario as a whole, the affordability measure of 44.9 per cent for bungalows and 51.0 for two - storey homes represented a 24 - year high.

The study uses NAR housing data and income statistics from the U.S. Office of Management and Budget to measure affordability in nearly 200 metros across the U.S.

Toronto's housing market shot into the stratosphere over the ensuing months, prompting the Ontario government to put in place a nearly identical measure (city council in Victoria, concerned about an affordability crisis, debated but ultimately rejected a foreign buyer tax recently).

Then, in April, the Ontario government introduced the Fair Housing Plan, a slate of measures to address affordability including a 15 per cent tax on foreign buyers in the GTA and surrounding area.

Even though marketing may not be your favorite thing in the world, it has all kinds of benefits for your veterinary practice, including its overall affordability and the opportunity for you to measure just how effective your efforts are.

Online marketing in particular can be advantageous for multiple reasons, including its general affordability and the ability for your practice to measure just how effective it is.

While nature, relative proximity to the city, space, and affordability may be the most obvious appeals of the Catskills, what the area also offers is that complex dynamic between town and country — a chance to measure how urban notions of culture fit within the rural setting, and the kinds of esthetic, social, and political navigations that artists make in dealing with the land and its people.

In addition to the official IAEG global indicators — measuring the proportion of victims of violence that report their victimization to the police as well as unsentenced detainees as a proportion of the overall prison population — WJP's Index scores provide a holistic picture of the accessibility, affordability, impartiality, and effectiveness of civil justice systems, and of the capacity of criminal justice systems to investigate and adjudicate criminal offenses through an impartial system that protects the rights of victims and the accused.

The province will also work with families and experts in the coming months to develop a child care affordability strategy that will identify further measures that could lower costs and support parents.

- The province will also work with families and experts in the coming months to develop a child care affordability strategy that will identify further measures that could lower costs and support parents.

The bipartisan measure essentially calls for a 4 - year «time out» on further implementation of the rate structure until FEMA completes the affordability study required by Biggert - Waters and also proposes a regulatory solution to issues found in the study.

Finally, they added in factors typically included in all lists, including the city's Walk Score and measures of affordability and diversity.

For each state, REALTORS ® Affordability Distribution Curve shows how many houses are affordable to households ranked by income while REALTORS ® Affordability Distribution Score is the measure which is intended to represent affordability for all different income percentiles in a siAffordability Distribution Curve shows how many houses are affordable to households ranked by income while REALTORS ® Affordability Distribution Score is the measure which is intended to represent affordability for all different income percentiles in a siAffordability Distribution Score is the measure which is intended to represent affordability for all different income percentiles in a siaffordability for all different income percentiles in a single measure.

One common measure of affordability — the ratio of median house prices to household income — fell to 3.4 last year, the lowest level since 1995 and in line with the two decades ending in the year 2000.

Housing Affordability Index (HAI) The Housing Affordability Index (computed by Axiometrics) is a measure of whether a family in an MSA earning the median family income can qualify for a mortgage loan on a median - priced, existing single - family home.

Twenty years ago, a 100 basis points increase in mortgage rates would have caused a deterioration of our national affordability measure by 3.5 percentage points.

All affordability measures are now below historic averages, says the report, indicating that homeownership costs are at attractive levels in the province.

In Alberta, the biggest cumulative drop in the history of RBC affordability measures deepened further in the second quarter, falling to levels not seen since before the housing booIn Alberta, the biggest cumulative drop in the history of RBC affordability measures deepened further in the second quarter, falling to levels not seen since before the housing booin the history of RBC affordability measures deepened further in the second quarter, falling to levels not seen since before the housing booin the second quarter, falling to levels not seen since before the housing boom.