Sentences with phrase «continued house price growth»

Currently, payment - to - income ratios are only 60 percent of the level we had in 1999 suggesting room for continued house price growth.

Not exact matches

Canada currently supplies over 1/3 of U.S. lumber consumption and if the current rate of growth in housing starts continues, the U.S. will need to increasingly rely on higher - priced imported lumber from outside of North America to fulfill their needs if they impose a quota restriction on Canadian lumber.
In the United Kingdom, the economy remains buoyant, spurred by a strong labour market and continued rapid growth in house prices (Graphs 10 and 11).
The run - up in credit growth and the associated boom in house prices in recent years presented two implications for the economy: they tended to boost growth in the short term, but carried the risk of a damaging correction if they continued too long.
Slowing United States property sales had little impact on house prices in the last three months of 2015, which showed continued growth.
The latest indicators of housing prices continue to show strong growth in most areas, and new finance approvals for housing have been accelerating in the past few months.
Household consumption continues to be a key contributor to overall growth, propelled by a relatively tight labour market and rising house prices, which are up by around 15 per cent over the past year.
China's growth over the same period was 6.9 %, unchanged from the first three months of the year, with the property sector a notable area of strength, as house prices continued to rise despite measures by the Chinese government to cool the country's housing market.
Bank of Canada data show that the growth in the number of mortgages has slowed this year, although dollar volumes continue to accelerate owing to house price increases.
One market segment that's expected to see continued strong price growth is entry - level housing, which is struggling with a shortage of inventory.
In this video, NAR Chief Economist Lawrence Yun talks about the rise in home sales, the continued housing shortage, rise in home prices, job growth expectations, and underwriting standards.
House prices within the country's major metropolitan areas continue to good capital growth, registering healthy growth rates with pockets of excellence such as Cape Town Metro which has experienced house price growth in excess of 20 percent over the past year to House prices within the country's major metropolitan areas continue to good capital growth, registering healthy growth rates with pockets of excellence such as Cape Town Metro which has experienced house price growth in excess of 20 percent over the past year to house price growth in excess of 20 percent over the past year to date.
«Ongoing job growth continues to fuel demand for housing, while wage growth is helping to offset the effects of rising mortgage rates and keep home prices affordable,» said Robert Dietz, chief economist at the NAHB, in a statement on the Index.
January's solid 10 % rise in single - family housing construction in will help tame home price growth, and the increase in multifamily units should continue to help slow rent growth.
«This rise in single - family housing construction will help tame home price growth, and the increase in multi-family units should continue to help slow rent growth.
The index shows that house price appreciation accelerated to a seasonally adjusted annual growth rate of 5.4 % in August, continuing its recovery from a late spring / early summer slowdown.
Pending contracts and sales growth continues to hit double - digit percent gains; Prices remain near record highs Rockville, MD --(August 10, 2015)-- The following analysis of the Washington, D.C. Metro Area housing market has been prepared by Elliot Eisenberg, Ph.D. of RealEstate Business Intelligence (RBI) and is based on July 2015 MRIS housing data.
If disposable personal income growth continues to lag house price appreciation, then potential first - time home buyers may find their ability to buy a home more difficult.
«As we enter into the fourth quarter of the year, we are predicting continued modest growth in housing prices,» said Kathleen Sweeten, CEO of the Northwestern Vermont Board of Realtors ®.
Hale said local price growth should continue so long as the inventory of houses on the market stays low, but as more home go up for sale, growth could slow.
«This rise in single - family housing construction will help tame home price growth, and the increase in multifamily units should continue to help slow rent growth
Considering a high demand for houses and an absence of signs of considerably increasing the growth rate of housing inventories, I believe that real estate prices will continue to grow until the number of building permits, and housing starts will begin to increase noticeably.
Koberlein cites a mix of factors — strong demand for housing outpacing the available supply; attractive mortgage rates; a muscular stock market; baby boomers seeking a warmer retirement locale; and an expanding local job market — to forecast continued local growth in housing sales and pricing for 2018.
Positive economic news coupled with the slower pace of price growth we are now experiencing could prompt an improvement in the demand for ownership housing, over and above the regular seasonal bump, as we move through the fall,» continued Mr. Syrianos.
House price growth has been rising at an unsustainable rate, while construction and land prices continue to increase.
«The rise in housing prices and the increase in household investment in houses and consumer durables do not appear out of line with what might be expected in the current environment of low interest rates and continuing growth in real disposable incomes,» Kohn averred.
However, the strong job growth seen so far in 2015, and only muted gains in single - family housing starts, suggests that sustained price growth will continue to put pressure on affordability.
A new forecast from Royal LePage says Canada's housing market is «poised for continued, yet moderate growth with average house prices forecast to rise by 6.5 per cent to $ 293,000» in 2007.
A new forecast from Royal LePage says Canada's housing market is «poised for continued, yet moderate growth with average house prices forecast to rise...
This should be an appealing statistic for investors, and the house price growth may follow suit as the balance between housing and open spaces continues to shift.
Although the supply of homes for sale continues to be constrained in many markets across Canada, Royal LePage is predicting that once housing supply returns to normal levels, the economy will support modest pricing growth into 2010.
«As home price appreciation continues to outpace rental growth in most areas, renting has clearly become the lesser of two housing affordability evils,» said Daren Blomquist, vice president at Attom, in a statement.
«Although buying is still more affordable than renting in the majority of U.S. housing markets, that majority is shrinking as home price appreciation continues to outpace rental growth in most areas,» said Daren Blomquist, vice president at ATTOM Data Solutions.
«Although buying is still more affordable than renting in the majority of U.S. housing markets, that majority is shrinking as home price appreciation continues to outpace rental growth in most areas,» said ATTOM Data Solutions vice president Daren Blomquist in a press release.
«We aren't seeing the wage growth we should be given the steady unemployment and strong GDP... Affordability will continue to be a major hurdle for this spring's homebuyers as housing prices continue to increase.»
Although improving home prices, economic growth, mortgage accessibility and rental development have improved housing access and affordability in many areas, a confounding series of supply - demand mismatches continues to severely impact markets worldwide.
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