Sentences with phrase «because house prices»

«This suburban spot is becoming increasingly popular for young families because house prices are lower than other areas in east London.
Only 6 metros were dropped from the list because of a dip in home prices while 47 metros were added primarily because house prices are above their level six months ago.
There are approx 4 million subprime owners and approx 20 million who are under water because house prices have fallen so far.
We want everyone to gain from homeowning, but not everyone can gain because house prices are a zero sum game.
Because house prices in Canada are poised to edge up, not plunge down, according to a new analysis from the Conference Board of Canada.
«The problem has been getting worse in many places, including New York City, because housing prices are rising faster than wages.
Adjust for inflaition because housing prices are out of whack with Canadian incomes.
No local school district will want to fire 10 % of their already low supply of teachers just because housing prices dropped - something that would raise class sizes by 10 % when our State already has the highest class sizes in the nation.
The only reason we don't see high inflation in the official numbers now is because housing prices (and, therefore, equivalent rents) have been falling.
That's because housing prices across the United States have plummeted by nearly a third, on average, since the market peak in 2006.
The timing could not be better for veterans because the housing prices have fallen and interest rates have hit «rock bottom.»
This only delays foreclosure, which can be costly to the lender because housing prices are falling throughout the country and the home's condition may deteriorate if the owner isn't maintaining it.
Because housing prices continue to rise across much of the US, most areas are going to see slight increases in limits for 2017.
«Mr Felsman said because house price falls in Sydney were being keenly felt at the top end of the market, this was feeding the falls.
The first report, by David Macdonald of the Canadian Centre for Policy Alternatives, says Canada has a housing bubble because house price increases in Toronto, Vancouver, Calgary, Edmonton, Montreal and Ottawa between 1980 and 2010 «are outside of a historic comfort level.»

Not exact matches

In fact, the comments section of the above mentioned article has many stories of people who did sell in past years because they thought house prices were too high, only to subsequently watch from the sidelines as prices continued to march upward.
Third - party contracting firm benefits aren't only less generous, but the exorbitant Silicon Valley housing prices and rents make life as a contractor so difficult workers from contract companies often can't afford to elect a benefits package, because doing so will take too much out of their paycheck.
They say there is a «moderate» risk that housing prices in those places could drop abruptly because values long ago broke their tether with fundamentals.
Martin Ellis, housing economist from Halifax, said in a statement that while prices will be supported by the nation's evergreen problem of a lack of housing supply and cheap credit, demand will be dampened because people are struggling to truly afford buying a property (emphasis ours):
When various constituencies discuss how the market will look under the wide range of future potential housing finance paradigms, the MBS investor needs to be at the table, because we are the ones who will price out the MBS relative to competing opportunities in the market, which ultimately drives the pricing of primary mortgage rates.
«It's often significantly cheaper to use Airbnb than a traditional hotel, not only because the sticker price is less, but because of the many additional and oft - forgotten perks of staying at a house,» says Evan Robinson, a freelance photographer and director who enjoys free parking and the use of a kitchen.
08:40 Price: And I was living in a fish bowl because there were always people working for me in my house and the UPS guy was in my house and then customers were in my house.
Moody's says it took the step because of concerns over the banks» exposure to heavily indebted consumers and elevated housing prices.
«That's probably sustainable and I think that's good thing because what it means is we have been able to ease into this,» Thorburn added, noting a small drop in house prices recently.
Olsen says Atlanta has lots of modest - priced homes because property values tanked during the recent housing bust and have yet to fully rebound.
In an interview, Kolko said property values in oil - rich markets often mirror drops in petroleum prices because energy companies lay workers off in downturns, and «fewer [local] jobs means weaker housing demand.»
It would be easy to exaggerate the importance of this effect, because there were very large swings in the housing sector before deregulation, and asset - price booms and busts occurred even in the regulated world.
Normally we expect housing prices and local economic conditions to be roughly related, but in Vancouver that isn't true, because a lot of housing demand is coming from outside the local economy.
Because it's considering your all - in monthly payment costs, including FHA mortgage insurance premiums, you'll be confident knowing you're looking for the right house at the right price for your income.
The city already suffered a labor shortage because so many construction workers left during the housing crash and again when oil prices slumped.
The Federal Reserve is targeting stock prices with it's monetary policy because, if it did not, the financial system would collapse led by collapsing pension funds and the housing market.
The left - leaning think tank said the finding was «worrisome» because Toronto and Vancouver have seen some of the biggest increases in cost of living over the same period, with the price of houses, in particular, skyrocketing by 37 per cent in Toronto and 62 per cent in Vancouver.
Banks and other institutions could lend more money every time the Fed reduced rates, and this led consumers to feel more confident in borrowing more, but it stressed their actual financial system beyond repair in many cases, and it caused stress for those that didn't borrow because they felt priced out of the housing market.
I live in a low almost deflationary enviroment (Europe) and was checking out some retirement software and something keep throwing me off, took me a bit to figure it out but it was inflation, like WTF is that and then I remembered I lived in Spain during the housing bust and now in Germany with negative real interest rates and I'm simply not used the idea that prices increase each year simply because time goes by.
I bought way too much house in 2008, immediately lost my job, and then couldn't sell because prices were on a fast decline.
They were carried over from 2015 with no changes, because the Department of Housing and Urban Development (HUD) felt that home prices in these counties did not rise enough from year to year to warrant higher loan limits.
These widely used measures of house prices are all less than fully satisfactory in that the quarterly movements are influenced by compositional changes and contain significant lags in recording transactions; the lags arise because most standard indices record prices as at the date a transaction is settled, which is well after the price was determined by agreement on a contract.
Larger loans support higher housing prices, because a property is worth whatever a bank will lend purchasers to buy it.
Agents are getting higher commissions as home prices rise, but have fewer houses to list because homeowners are reluctant to sell.
It sounds high but I thought it was a good price because the house was huge and on a good lot, and it would probably sell around list.
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.
But he stresses that he did this analysis on his own because he's been asked so many times lately what could happen to the housing market — which has already suffered a slump in sales and an easing of growth in prices since tougher mortgage lending rules were introduced last summer — if interest rates inch up from historic lows.
«Moreover, because «housing wealth» is a very strong driver of job creation, what starts as a small drop in house prices can turn into a major event for the broader economy.»
That's because while buyers don't have to make a traditional down payment, they do have to pay the difference between your loan balance and the purchase price of the house.
That makes because many people borrowed on their home equity (to make home improvements, big purchases, or invest in another property) when the housing market was doing well, and then they got stuck holding the bag when housing prices fell.
Expenditure on alterations and additions has grown strongly, in part because of rising house prices.
It was also because these states had the highest debt levels when house prices crashed.
Because those securities are backed by CMHC, not the banks themselves, they're able to go out and lend that freed - up money to new homebuyers at lower prices, which adds fuel to Canada's housing fire.
«It's unrealistic to expect that the trends in housing won't slow down a little bit because mortgage rates are picking up, and some people, of course, will get priced out of the market,» he said.
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