Sentences with phrase «cool housing markets»

Gordon said data from other jurisdictions suggests that taxing foreign investment can help cool housing markets by slowing, and sometimes even reversing, price growth.
The federal government's tighter mortgage rules should also cool housing markets and further limit the need to raise interest rates.
Tightening of monetary policy meant to cool the housing market over the past year, combined with a wind - down in public works, has served to slow GDP growth into the single digits.
But over the next few years, growth will slow to less than 2 per cent, in part due to the cooling housing market.
The numbers are so strong that some economists are cautioning the Ontario government about implementing measures to cool the housing market.
After the last election, both Bloomberg News and the National Post reported that Oliver rejected calls from officials to cool the housing market.
Gregory Klump, CREA's Chief Economist, says, «Homebuyers and sellers both reacted to the recent Ontario government policy announcement aimed at cooling housing markets in and around Toronto.
The Federal Reserve rapidly raised rates (gold) from 2004 to 2006 to try to push up long - term bond yields (10 year Treasury yields) and cool the housing market
There are signs that the positive momentum is weakening, likely due to the cooling housing market.
The big problem with this is that people will then use these mental gymnastics to justify financing a renovation — and take on debt today, in order to increase your home's value tomorrow is not financially savvy (particularly with rates poised to rise, which will prompt a cooling housing market and declining housing prices).
The higher default rate has been driven in part by higher rising rates on adjustable - rate mortgages (and subsequently higher payments) and a cooling housing market.
(To see Romana King's Home Owner column for two ways to cool the housing market, download the September / October issue of MoneySense magazine)
The company is also seeing cooler housing markets in Canada.
Property values have been skyrocketing for the past several years, but there now are indications of a cooling housing market.
Governments are finding it hard to track even legitimate foreign purchasers when making rules to cool the housing market, but when the money is laundered the murkiness is by design.
The Ottawa - based group, which represents about 100 real estate boards across the country, said provincial government rules to cool the housing market in Ontario continue to hang over the region's Greater Golden Horseshoe, but a Bank of Canada interest rate hike of 25 basis points last month probably pushed buyers to act.

Not exact matches

So was a cooling off in the housing market afterward.
Kathleen Wynne announcing new measures aimed at cooling Ontario's housing market.
Even if the housing market doesn't crash and lose 60 % value, most economists are predicting some sort of cooling in the nation's housing market.
(Cooling is a term used to describe a housing market that slowly depreciates in terms of price and number of sales.
Home sales across the country have dropped in the wake of several government policy measures, including a stress test for home buyers with a down payment of more than 20 per cent, that were implemented to cool the country's hot housing market.
Our housing market is on a marked cooling trend.
So is there any way for Ottawa to cool sizzling housing markets like Toronto and Vancouver without putting others into the deep freeze?
It remains to be seen whether the changes will have a cooling effect on hot housing markets or how much more difficult it will be for would - be homebuyers to secure mortgages.
It became vulnerable as the market cooled and sellers whose houses languished on the market reverted to a realtor.
Finance Minister Jim Flaherty has said repeatedly he wants a cooling of Canada's housing market.
The banks had benefited from the surprising strength of the Canadian economy, even amid worries about overheated housing markets and the fallout from government steps to cool them down.
It identifies the most in - demand housing markets with the highest concentrations of cool, indie stores.
Macroprudential and other policy measures, while contributing to more sustainable debt profiles, have yet to have a substantial cooling effect on housing markets.
As an aside, this would represent a pretty cowardly move on the part of Flaherty and the Harper Conservatives who very clearly recognize the risks baked into the housing market, want it to cool, but also want the blame to fall on someone else should the «soft landing» turn into a bust.
In the period since late 2003, both the housing market and the demand for credit have cooled.
2016.12.21 No relief for home owners as Canadian housing affordability continues to slip: RBC Economics Despite cooling home resale activity overall, housing affordability deteriorated further across all markets in Canada in the third quarter of 2016, according to the Housing Trends and Affordability Report issued today by RBC Economics Resehousing affordability continues to slip: RBC Economics Despite cooling home resale activity overall, housing affordability deteriorated further across all markets in Canada in the third quarter of 2016, according to the Housing Trends and Affordability Report issued today by RBC Economics Resehousing affordability deteriorated further across all markets in Canada in the third quarter of 2016, according to the Housing Trends and Affordability Report issued today by RBC Economics ReseHousing Trends and Affordability Report issued today by RBC Economics Research...
Despite cooling home resale activity overall, housing affordability deteriorated further across all markets in Canada in the third quarter of 2016, according to the Housing Trends and Affordability Report issued today by RBC Economics Resehousing affordability deteriorated further across all markets in Canada in the third quarter of 2016, according to the Housing Trends and Affordability Report issued today by RBC Economics ReseHousing Trends and Affordability Report issued today by RBC Economics Research...
A final follow up on the new taxes announced by the NDP last month to try and cool the Vancouver housing market.
In fact, the Pleasant Hill housing market could experience some cooling over the next year or so, with home - price appreciation leveling off.
The economists at Zillow are among those who expect a cool - down within the Dallas housing market.
The group continues to face a series of headwinds, including higher short - term rates, a flatter yield curve, and a housing market that looks to be cooling.
Canada's biggest city, Toronto, will follow Vancouver's lead and impose a 15pc foreign buyer tax to cool a runaway housing market.
Maybe Premier John Horgan thinks that if he taxes highly skilled workers hard enough, he can cool Vancouver's housing market by driving them away
Consistent with the easing in finance approvals, there have been a number of signs of a cooling in the housing market since the end of last year.
They expect the formerly hot housing markets located in the West and Northeast to cool down next year.
Detached homes were selling for more than $ 1.8 million in April before the province moved in to cool the market by implementing a 15 per cent tax on foreign buyers and extending rent control rules, two of 16 measures that were part of its Fair Housing Plan.
The housing market was most «frothy» for Australia as a whole around 2002 - 2003, and it cooled noticeably in 2004 as interest rates rose.
After all, despite a slight cooling of the Vancouver housing market shortly after the foreign buyer tax came into effect in August 2016, the foreign buyer taxes has done little to really lower property prices in Vancouver.
Toronto's real estate market may be cooling down due to the 15 - percent tax on non-resident foreign buyers included in the recently implemented 16 - piont Fair Housing Plan in Ontario, reports thestar.com (1... Per saperne di più >
These expectations receded for a time during the March quarter in response to signs of some cooling in the housing market, strength in the exchange rate and reduced likelihood of a tightening by the US Fed after a couple of weak US employment numbers.
The BC government has taken measures to cool its hot housing market and it's left some Albertans steaming.
The housing market, meanwhile, «finally entered the early stages of a cooling phase in mid-2017 after the impact of changes to regulations and rising interest rates took root.
«It suggests these housing markets have started to cool.
Canada's residential real estate market is now cooling, whereas American housing prices are finally back on the rise.
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