Sentences with phrase «because average house prices»

But even with such spectacular gains, Saint John real estate gets a value grade of A -, mainly because average house prices are still an affordable $ 172,000 and unemployment is at a low 5.9 %.

Not exact matches

The Canadian Real Estate Association expects average house prices in Alberta, Saskatchewan and Newfoundland and Labrador to fall next year because of the downturn in the oil industry.The association is estimating Alberta's average housing price will fall in 2016 by 2.5 per cent.

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.

That's because housing prices across the United States have plummeted by nearly a third, on average, since the market peak in 2006.

Kershaw argues that it takes longer because our average annual salaries just haven't kept up with the astronomical housing prices.

«Shipp said that he is attracted to the company despite the reduced projections because of its franchise model, which gives the company gross margins nearly double the average of its industry, and by the company's growth prospects at a time when lower gas prices and a rebounding housing market should lead to an increase in construction projects.»