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.