Sentences with phrase «as average house prices»

Long commutes would be no big deal in this car, which is appealing in the Bay Area (where the definition of «tolerable commute distance» expands about as fast as average house prices).

Not exact matches

As you can see, the gap between what the average Americans can afford and the median sales price is much larger than it had been prior to the housing bubble.

Take the housing bubble, for example: The disconnect between average home prices and wage growth had become massive, despite the fact that the fundamental link between the two is as old as time.

The announcement comes as housing costs in the province have ballooned, especially in Metro Vancouver where the average price on a single - family home in some neighbourhoods reached $ 2 million.

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.

The authors explain that during the nation's housing boom of 2000 - 06, home prices in Binghamton, Buffalo, Elmira, Rochester, Syracuse and Utica did not appreciate as rapidly as the national average, although prices in Albany, Glens Falls and Ithaca outpaced it.

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.

An entire generation is locked out of the city's broken and outrageously - bubbled housing markets as the average Londoner would need to triple their salary to # 87,000 to buy an average price property.

Recent housing market forecasts for California's Inland Empire suggest that the region could experience above - average home price gains during 2017, when compared to the nation as a whole.

The average price of houses that sold over the Multiple Listing Service in September was $ 385,906 nationally, up 8.8 per cent from a year ago, in large part because pricey cities, such as Toronto and Vancouver, are rebounding from steep sales declines a year ago.

The average house price in the region is # 198,000, well below the national average, which is also stoking demand and prices are expected to increase 17 % over the next four years as demand races ahead of supply, according to data from agency, Knight Frank.

Although 3 of the 7 Ukip council seats in a havering were took from former Labour councillors, and 5 of those seats would be described as working class areas, the other two were above middle class areas where the average price of a house is 650,000 ′, If anything in havering Ukips vote destroyed he 4,000 majorities of some Tory councillors resulting in them winning with 350 votes

Responding to the statistics released today showing that the average House Price had increased by 1.0 % over the last 12 months, the Welsh Liberal Democrats Housing Spokesperson, Peter Black, has called on the Welsh Labour Government to get the Help to Buy Cymru scheme up and running as soon as possible.

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.

When higher than average housing prices combine with other problems, such as low household income, high unemployment, declining population and high crime, it can be enough to sink a city to the end of our list.

Think of it as an extreme version of what's happened in Canada, where house prices in Toronto and Vancouver have spiralled higher and families owe a record $ 1.65 on average for every dollar of disposable income they earn.

This puts a strain on urban communities as services try and stay ahead of the feverish growth of resource towns, and housing prices skyrocket — witness the average cost of a home in Fort McMurray (Wood Buffalo) is now a half a million dollars.

As we show below, average house prices in Vancouver, Toronto, Montreal and Calgary drop surprisingly quickly with every extra minute of driving from downtown.

«Although we strongly believe that the housing supply - demand imbalance for single - family homes will continue to drive above - average home price appreciation, just as falling mortgage rates aided pricing power on the margin in recent months, we expect the opposite effect to become evident in the coming months.

As reported by the Ontario government, the average house price in Toronto reached $ 916,567 in March 2017, which is up 33.2 per cent from last year.

The average listing price of a manufactured home is less than one quarter the average cost of a stick - built house, and closely comparable to a modular home as well.

Four times regarded as «Canada's Most Affordable City» by Runzheimer Canada and the CMHC, homebuyers in Saint John enjoy a generally stable housing market with prices that are well below the national average.

This would have been $ 300,000 and all hell would have broken loose as this would have been lower than the average house price in most major Canadian cities!

As per housing, we can not argue that there were some local pressures that skyrocketed prices in markets such as New York or San Francisco and population growth played a big part but one of the biggest increase in spending came from the immense expansion of the average American housAs per housing, we can not argue that there were some local pressures that skyrocketed prices in markets such as New York or San Francisco and population growth played a big part but one of the biggest increase in spending came from the immense expansion of the average American housas New York or San Francisco and population growth played a big part but one of the biggest increase in spending came from the immense expansion of the average American house.

As a result, there are plenty of bidding wars in this neighbourhood, despite the communities higher average house price.

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 house price increased by more than 4 % to $ 795,900, according to our list, allowing Vancouver to firmly secure its place as the most expensive housing market in the country.

When debt was too high for cash flows from average American households to afford residential housing, the prices of housing began to fall, and the foreclosure process began, as foreclosures happen once someone is inverted on their mortgage.

This is also the reason for seasonal affects in real estate — year after year house prices, on average, drop in the winter months when compared to hotter selling months, such as April and May.

«but for the average British consumer, as long as they have a job, income, stable house prices, and falling interest rates»

This has been especially true with mortgage debt as house prices in Toronto and the GTA (and elsewhere) skyrocketed over 2016 and the first half of 2017, causing the average size of a mortgage in Toronto to increase by $ 50,000 in only a year.

We consider factors such as sales to new listings, the ratio of average income to average housing prices and the local unemployment rate.

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.

I don't understand why they compare the price of their house to an average builder house, saying it costs a tenth as much, when the builder house includes land.

Paul Bernardo in court today, charged with possessing a weapon, CTV News Sellers blame new mortgage rules as average Canadian house price falls by 10 per cent in past year, CBC News

As the luxury market continues to trend internationally, with foreign clients paying nearly twice as much for a home when compared to the overall U.S. average house price — according to the National Association of REALTORS ® 2015 Profile of Home Buying Activity of International Clients — it's a logical move for a company focused on high - end properties to seek regional and international exposurAs the luxury market continues to trend internationally, with foreign clients paying nearly twice as much for a home when compared to the overall U.S. average house price — according to the National Association of REALTORS ® 2015 Profile of Home Buying Activity of International Clients — it's a logical move for a company focused on high - end properties to seek regional and international exposuras much for a home when compared to the overall U.S. average house price — according to the National Association of REALTORS ® 2015 Profile of Home Buying Activity of International Clients — it's a logical move for a company focused on high - end properties to seek regional and international exposure.

Middle class areas such as Randburg, Joburg South / East / West, remain very active with the average prices still growing as demand for housing grows.

But McKinney began his real estate investment career with a $ 50,000 house in 1986 and is now known as a real estate «artist» who has built and sold 36 oceanfront properties with an average selling price of more than $ 15 million.

Looking specifically into urban centers such as Kuala Lumpur and Petaling Jaya, an average terraced house is priced anywhere from RM 620,000 to RM 1,000,000.

The change is consistent with the increase in the national average home price between October 1999 and October 2000, as recorded by the Federal Housing Finance Board.

Canada's housing market showed «remarkable strength» in the traditionally slower fourth quarter as sales activity in most major markets stimulated «robust» year - over-year increases in average prices, says a fourth quarter report released today by Royal LePage Real Estate Services.

Finally, coastal California's higher cost of living and doing business, as well as higher home prices, means asking rents for seniors housing in these markets (Los Angeles, San Diego, San Francisco, San Jose, and Ventura) were 23 % higher, on average, than the national average.

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.

Royal LePage forecasts modest house price gains for remainder of 2013, as Canadian housing emerges from current market cycle TORONTO, July 9, 2013 — The average price of a home in Canada increased between 1.2 per cent and 2.7 per cent in the second quarter of 2013, according to the Royal LePage House Price Survey -LSBhouse price gains for remainder of 2013, as Canadian housing emerges from current market cycle TORONTO, July 9, 2013 — The average price of a home in Canada increased between 1.2 per cent and 2.7 per cent in the second quarter of 2013, according to the Royal LePage House Price Survey -LSBprice gains for remainder of 2013, as Canadian housing emerges from current market cycle TORONTO, July 9, 2013 — The average price of a home in Canada increased between 1.2 per cent and 2.7 per cent in the second quarter of 2013, according to the Royal LePage House Price Survey -LSBprice of a home in Canada increased between 1.2 per cent and 2.7 per cent in the second quarter of 2013, according to the Royal LePage House Price Survey -LSBHouse Price Survey -LSBPrice Survey -LSB-...]

The three - month moving average of new home sales has increased steadily for over a year as more housing markets begin to see rising home prices and improving consumer sentiment.

To obtain a long - run view of housing prices that is not overly driven by transitory factors, e.g. the extent of fluctuation during the 2000s boom and bust, housing price growth is taken as the percent change in the ten year average of the inflation - adjusted indices during the decade from 2005 to 2014 and similarly during the decade from 1975 to 1984.

You only get one chance to sell your first property so you need to get as much equity as possible from the transaction, within the parameters of average house prices in your area.

Even as the price of the average Toronto area detached home climbed to about $ 1 million this fall ($ 1.3 million in Toronto), half of buyers in the region say that's the kind of house they expect to purchase, according to the Ontario Real Estate Association (OREA) Ontario Home Ownership Index being released Tuesday.

The companies adjust their conforming loan limits annually based on October - to - October changes in the average home price, as published by the Federal Housing Finance Board.