Sentences with phrase «cent having household»

Overall, first - time buyers tend to have higher incomes than the general population with 31 per cent having household incomes above $ 100,000.

Not exact matches

A household with a $ 360,000 mortgage and a gross income of $ 63,000, for example, would have to pay an extra $ 180 monthly, around 3.5 per cent of income.

Metrolinx said a regional increase in the HST to 14 per cent from the current 13 per cent would bring in $ 1.3 billion a year from taxpayers in the region, after deducting $ 105 million in tax credits for lower - income households.

A 2013 survey conducted near its Tasiast mine in Mauritania by local sociologists found that the number of households living below the poverty line had been cut by more than half since 2011 and the unemployment rate had declined from 47 per cent to 24 per cent.

The Financial Consumer Agency of Canada found the number of households with a HELOC and a mortgage against their home has increased nearly 40 per cent since 2011, prompting commissioner Lucie Tedesco to caution this month the trend «may lead Canadians to use their homes as ATMs.»

Economists say that the plan, which would cost the government $ 2.7 billion a year, would give the most benefit to families who need it least and no benefit at all to 85 per cent of Canadian households.

«For decades, households in Ontario had incomes as much as 20 per cent above the Canada average, and 10 per cent higher as recently as the turn of the century.

Ultra high - definition screens have fallen around 85 per cent in the past two years, to the point where they're just about affordable for the average household.

Business credit has thus strengthened quite markedly, so that it is now growing at a rate of 16 per cent, well above that for the household sector.

Growth in household credit has remained relatively stable at around 5.5 per cent since the beginning of the year, a pace below the historical average (Chart 22), following an extended period of rapid growth that led to a substantial buildup in household debt.

Since the early 1980s, the proportion of household financial assets held as deposits has fallen from about 50 per cent to below 30 per cent; this has been mirrored by a comparable rise in the proportion of household assets held as claims on life insurance and superannuation funds (Graph 11).

With funds managers holding about 15 - 20 per cent of assets in domestic bonds, the change in the composition of household assets has translated into higher demand for bonds — a demand which is no longer being met by government issues.

Given the nation's debt load — as of February, households had a record $ 2.1 trillion of mortgage and non-mortgage debt — Poloz estimates the economy is 50 per cent more sensitive to rate hikes than in the past.

For example, an affordability reading of 50 per cent means that homeownership costs, including mortgage payments, utilities and property taxes, would take up 50 per cent of a typical household's monthly pre-tax income.

«We find that 60 per cent of the small business deduction goes to households with more than $ 150,000 in income,» Mintz said, of research he has previously done on the subject.

According to a confidential survey commissioned by Hockey Canada last year and obtained by The Globe and Mail, the 1,300 parents surveyed had an average household income roughly 15 per cent higher than the national median.

Although it is less than 2 per cent of total household debt, growth in margin lending has accounted for over a fifth of the rise in banks» personal lending (excluding credit cards) since 1996.

In the September quarter, household consumption rose by 1.1 per cent, a slight increase from the pace in the June quarter, but less than might have been expected given the boost to incomes from the budget measures.

The tightening in monetary policy has, however, resulted in a rise in the interest payments of the household sector from around 6 per cent of household disposable income in the first half of 1999, to around 7 1/4 per cent in the March quarter (Graph 15).

The robust rate of spending by US households and businesses has resulted in a sharp increase in imports into the US, with the volume of imports increasing by 9.2 per cent over the year to the December quarter.

Valuation effects, largely due to falls in the prices of bank shares, reduced the value of the household sector's directly owned share portfolio by 1.4 per cent in the March quarter, but these shares have since rebounded in value.

The household sector remains the key driver of growth, with retail sales having risen by 6.4 per cent over the year to March.

In aggregate, gross household wealth is estimated to have grown by 9 per cent over the year to June (Table 5).

Real household incomes have been increasing at a slower, but still above trend, pace of almost 4 per cent a year.

Credit provided to households has been accelerating through 1999, reaching an annual growth rate above 15 per cent over the six months to September (Table 8).

The ongoing accumulation of household debt has led to a further increase in the debt - servicing ratio; interest payments as a proportion of disposable income rose to 9.3 per cent in the September quarter (Graph 23), and are expected to rise further.

Overall, the ratio of household debt to the disposable income of households (excluding unincorporated enterprises) has risen by 12 percentage points over the past two years to 94 per cent (Graph 16).

The ratio of household sector interest payments to disposable income has fallen steadily over the past year and is now below 6 per cent.

Households» inflation expectations over the year ahead, as surveyed by the Melbourne Institute, have shifted up from an average of 3 3/4 per cent in the second half of 1998 to around 5 per cent in recent months (Graph 40).

On the other side of the household balance sheet, the debt of the household sector has continued to grow rapidly, increasing by 14 1/2 per cent over the year to March.

Over the past decade, household debt in Australia has grown at an average annual rate of just under 15 per cent.

Over the past year, household credit has increased by around 20 per cent, and with the value of housing loan approvals continuing to rise over recent months, there seems little prospect for a near - term slowing in the pace of growth.

This process is estimated to have been augmenting household cash flows in the past year by around 4 per cent.

The recent step - up in growth has been underpinned by strong household consumption, which rose by 1.6 per cent in the September quarter, propelled by a sharp increase in disposable income flowing from recent fiscal initiatives.

Over the year to February, credit to the household sector grew by 11 per cent, compared with growth in households» nominal income which has been running at around 5 per cent; much of the growth in debt has occurred in home mortgages.

Thirty - nine per cent said Brexit will have a negative effect on their household finances — up from 34 per cent in July 2016.

This has encouraged housing equity withdrawal, which amounted to 6 per cent of household disposable income in the June quarter (Graph 10).

Revised data now suggest that the debt - servicing ratio reached 8.7 per cent of household disposable income in the September quarter, and it is likely to have surpassed its late - 1980s peak in the December quarter (Graph 27; see «Box B» for further discussion of the debt - servicing ratio).

Over the past year, the value of the household sector's assets have increased by around 17 per cent, bringing the cumulative increase over the past three years to 43 per cent.

Taking these facts into account, and allowing for the fact that households with debt have, on average, incomes about 30 per cent higher than the average for all households, interest and principal repayments probably account for something like 20 per cent of disposable income among those households who have debt.

Only 2 per cent of households with children that have one adult working full - time and one part - time are in poverty — and that is despite the UK's extremely high housing costs caused by planning policies.

England's «waste from households» recycling rate has increased to 45.1 per cent for the financial year 2016/17, up 0.7 per cent on the rate for 2015/16, according to the latest figures.

The German discount supermarket chain has served approximately 10 million South Australian shoppers and 30.7 per cent of households have visited an Aldi store.

A Nielsen study recently confirmed that private labels have already penetrated 95 per cent of Australian households and most consumers perceive them to be at least as good as their branded rivals.

While plastic has dominated the public agenda for some time, the food waste crisis continues to percolate, with the latest report from the Waste and Resources Action Programme (WRAP) showing that household food waste actually increased by 4.4 per cent from 2012 to 2015.

These costs can add up quickly, especially if you've already been squeezing every cent out of your household income.

The number of households in which no one works rose dramatically during the recessions of the early 1980s and 1990s, rising from seven per cent in 1975 to almost 20 % today, never having dipped significantly throughout the long boom.

Households, in turn, have today levels of financial burden in line with those observed in other European countries (25 per cent of disposable income in Spain, versus 28 per cent in France and 24 per cent in Germany).

Only 2.4 per cent of households have access to electricity and only 18 per cent of the residents can read and write, compared to the national average of 66 per cent.

The bottom line is that more than a quarter of households, not 1 per cent, have wealth far beyond the reach of most people.