Sentences with phrase «continuing tight credit conditions»
For the 88 - million - strong millennial generation, the oldest of which is 34 years old, the combination of high appreciation, low inventories, and continuing tight credit conditions is making home ownership a stretch few can afford.
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NAR warns that continued tight credit conditions threaten to widen the wealth gap between owners and renters.
Not exact matches
Annual credit growth continues its downward trend, with tighter credit conditions weighing on investor housing credit, while business credit picked up, supporting the rise in March.
Despite a large pent - up demand from years of below - normal home sales, inventory constraints and tight credit conditions continue to impede the market, in combination with strongly rising home prices and higher mortgage interest rates.
Pending home sales slowed in August, with tight inventory conditions, higher interest rates, rising home prices and continuing restrictive mortgage credit impacting the market.
«Credit profiles that fail to meet tighter underwriting standards are conditions that continue to work against first - time home buyers,» according to the report.