A year ago, 21 metro areas (12 percent) saw double -
digit price appreciation.
Thirty - three per cent of cities surveyed reported double -
digit price appreciation.
Another year of double -
digit price appreciation is very likely be unrealistic.
«There was a lot of new construction in these areas, with a lot of people getting swept up in the prospect of double -
digit price appreciation,» says Appleton - Young.
«Maybe we end up with a flat year but more likely we end up with a mid-single
digit price appreciation.»
Not exact matches
Although this means you're unlikely to see double -
digit appreciation in the share
price in a few weeks, it also means you're unlikely to see it drop sharply.
No bonds of any kind can reach such a level of growth as any
price appreciation in bonds depends on the few single -
digit changes in market interest rates.
As a result, Ontario's major housing markets are expected to see continued
price appreciation in the year to come, led by double -
digit home
price increases in the GTA.
«Like Greater Vancouver, the Greater Toronto Area markets we studied in our House
Price Composite are seeing double - digit year - over-year home price appreciation across the b
Price Composite are seeing double -
digit year - over-year home
price appreciation across the b
price appreciation across the board.
«The disparity in home
price appreciation between Canadian regions has never been greater than that seen in 2016, with rates ranging from double -
digit extremes in some cities to negative growth in others,» said Royal LePage President and CEO, Phil Soper.
It seems like everywhere we look there is a sensational media account of bitcoin's stratospheric
price and amazing quadruple
digit appreciation.
«Home -
price gains returned to more normalized levels of low - to mid-single
digit rate of
appreciation in many metro markets as inventory levels steadily increased,» he said.
At the same time, in super-hot coastal markets such as Boston and Los Angeles, where annual
price appreciation reached double
digits over the last few years, increases are expected to ease to more sustainable, one -
digit gains.
As witnessed in the days of Vancouver's double -
digit market
appreciation and currently in Toronto, bidding wars can pump neighbourhood
prices overnight, leaving lenders» data in the dust.
As witnessed in the days of Vancouver's double -
digit market
appreciation and currently in the GTA, bidding wars can pump neighbourhood
prices overnight, leaving lenders» data in the dust.
Significant
price increases were seen in Victoria and Winnipeg, where double -
digit appreciation was sustained across nearly all categories.
«In a time of double -
digit home
price appreciation in many urban markets, condos have appreciated at higher rates than single - family homes.
Victoria continues to lead the country in
price appreciation for the third quarter in a row, followed by Saint John, Moncton and Winnipeg, which all reported double -
digit gains.
«Inventory levels have dropped to their lowest level, which makes buyer frenzy even more intense as
prices approach double -
digit appreciation,» he added.
A recently published forecast for the Cleveland, Ohio housing market in 2018 suggests that home -
price appreciation could begin to slow down, following a year of double -
digit gains.
Wide regional variances continued to be the dominant characteristic in the market, with frenzied levels of activity and double
digit price gains in the energy and commodity rich Western provinces, and more reasonable sales volumes and moderate
price appreciation in Ontario, Quebec and Atlantic Canada, says Royal LePage.
Winnipeg reported strong double -
digit average
price appreciation during the fourth quarter due to unseasonably warm fall weather and tight inventory.
As the supply of homes remain tight, homes are selling fast and
price growth in many markets continues to teeter at or near double -
digit appreciation, Yun notes.
«As we move into the second half of the year, we continue to expect areas of aggressive
price appreciation in the west, and modest, mid-single
digit price increases in Central and Atlantic Canada.»
Home
prices will rise, though at a manageable single -
digit rate of
appreciation over the next two years.
In Calgary, both urban and suburban neighbourhoods have seen triple -
digit house
price appreciation in a number of communities.