Sentences with phrase «buyers in a declining market»

In 2006, when the five - year housing boom ended, builders and sellers started offering freebies and higher commissions to lure buyers in a declining market.

Not exact matches

«Clearly, the year - over-year decline we experienced in July had more to do with psychology, with would - be home buyers on the sidelines waiting to see how market conditions evolve,» Syrianos said in a statement.

Tim Syrianos, president of the Toronto Real Estate Board, said the decline in activity has less to do with foreign buyers and more to do with potential homebuyers waiting to see how the market plays out.

He expects the assistance for first - time buyers to soften the Metro Vancouver market's landing from sales and price declines triggered by Victoria's 15 % tax on foreign buyers in August and tighter federal mortgage rules introduced in October.

In its report, Market Implications of Foreign Buyers, released in June of this year, BCREA finds that the main drivers impacting housing affordability are the decline in the stock of single detached homes, and densification policies favouring apartments and townhouseIn its report, Market Implications of Foreign Buyers, released in June of this year, BCREA finds that the main drivers impacting housing affordability are the decline in the stock of single detached homes, and densification policies favouring apartments and townhousein June of this year, BCREA finds that the main drivers impacting housing affordability are the decline in the stock of single detached homes, and densification policies favouring apartments and townhousein the stock of single detached homes, and densification policies favouring apartments and townhouses.

Now the astute observer might point out that the bulk of the decline in sales was seen in areas popular with buyers from mainland China — which also happens to be the main region that most believe is the source of the majority of the foreign capital flowing into our real estate market.

The resultant decline in the price has discouraged local buyers, despite their recognition that the price was very attractive and the product was very sound, because of concerns about recording mark - to - market losses should the price fall even further.

Dunning recently cautioned that Ottawa's attempts to cool Toronto and Vancouver's overheated housing markets, by making it tougher for first - time buyers to qualify for financing, is likely to result in a 25 to 30 per cent decline in housing starts by 2015 and 150,000 fewer construction jobs across the country.

This appears to have contributed to a decline in the participation of first - home buyers in the market, with their share of new loan approvals for owner - occupation declining over the past two years to be slightly below 20 per cent in May.

For now, the majority of the coins is still trading in broad declining trend channels, and despite the encouraging rally and the constructive long - term setup, buyers are still not yet in control of the market.

If a buyer can't be found - and the Labour leadership plays its cards right - this could be a turning point in the continued decline of free market fundamentalism in the UK.

Faced with high inventory, declining volumes and sudden shift in buyer demand from diesel to petrol variants, Honda India plans to launch hybrid version of the Accord sedan and the global Civic mid-size to revive its fortunes in on one of the fastest growing auto markets of the world.

C - Max is drawing new buyers in coastal markets and in Florida and Texas, as Toyota Prius U.S. sales have declined 5 percent, Ford so gladly points out.

Tablet market in India declined by over 32 percent to 0.78 million units in January - March this year as it continued to struggle to attract buyers, research firm IDC said on Tuesday.

The second hurdle in buying a home after a short sale is dealing with the FHA condition that stipulates that the buyer can not, «take advantage of declining market conditions, and purchase, at a reduced price, a similar or superior property within a reasonable commuting distance.»

To illustrate, the British Pound's decline relative to the Indian Rupee has translated into significant gains for Indians — especially first - time buyers — in London's immovable property market.

In many cities hard hit by the economic downturn, foreign - born buyers are finding value and preventing further market declines.

This caused wealthy buyers and sellers in the U.S. (3 percent decline) and London (35 percent decline) to hold off on the luxury market.

The amount of buyers who are confident about their prospects shrank to 68 percent in NAR's quarterly Housing Opportunities and Market Experience (HOME) survey, a decline from 72 percent last quarter.

«Traditional buyers are entering a less competitive market with fewer investors searching for available homes, but may also face a slight decline in choices due to the fact that inventory generally falls heading into the winter.»

NAR's Aspiring Home Buyer Profile, which analyzes 2016 data from its Housing Opportunities and Market Experience (HOME) survey, shows that despite the sentiment among non-homeowners leaning positive, the share of non-homeowners who believe it is a good time to buy a home steadily declined throughout the year, from 63 percent in the first quarter to 55 percent in the fourth quarter.

«With the seasonal decline in inventory beginning to occur in most markets, prospective buyers will likely continue to see competitive conditions through the winter.»

If an agent is engaging in Buyer Agency or a Brokerage is allowing their agents to engage in Buyer Agency unsupervised in any transaction, they had better get up to speed very quickly as in a declining market, which is currently now in full effect, Buyers who have lost money on their home purchase will not be friendly.

I found I enjoyed brokerage work far more than traditional legal work, so in 2010, I opened an independent brokerage and focused on helping buyers and sellers navigate the complicated declining market.

Douglas continues: «First - time buyers are declining in their make - up of the market, while long - term residents now form the second largest group.

For real estate investors, providing housing options to this population can be a profitable venture, since first - time buyers are, at present, more interested in entering the market than ever before thanks to rising interest rates and the public perception that opportunities to own a home will likely decline in the next year.

But if the market is declining in value and inventory is increasing, that makes buyers a bit pickier about which houses to buy.

Properties within this market segment have seen a corresponding decline in absorption rates as buyers looking for single - family homes and condominiums are jumping at the opportunity to own a piece of Jackson Hole.

The overall market share of single buyers declined from 32 percent in 2010 to 25 percent in both 2012 and 2013.

A shortage of inventory continues to bedevil buyers and help boost prices, but at least last month it did not lead to dramatic declines in market time.

In markets like Newmarket where more than 30 per cent of buyers were investors, house prices are now down 25 per cent from the same time last year, Richmond Hill's declines were steeper at 27 per cent and Markham prices slid 22 per cent.»

The affordability pinch in many markets will sideline prospective buyers resulting in a modest decline in total home sales from just over 6 million in 2016 to an estimated 5.9 million in 2017.