Sentences with phrase «drive house price inflation»

Geffen says even mild national economic growth, which the Reserve Bank's Monetary Policy Committee currently predicts will be 0 % in 2016, would create more stability in the residential property market beyond the borders of the Western Cape and further drive house price inflation.

Not exact matches

Cooling US core inflation this year was driven by major one - off drops — especially the sharp fall in wireless costs due to changes in major pricing plans — as well as some moderation in a few key categories such as housing.

Cooling US core inflation this year was driven by major one - off drops — especially the sharp fall in wireless costs due to changes in major pricing plans — as well as some moderation in a few key categories such as housing.

«A lot of the price inflation that you're reading about in the Canadian housing market is largely driven by lack of supply in single - family homes, strong household formation, strong immigration numbers — so demand is still there,» Mr. McKay said.

To obtain a long - run view of housing prices that is not overly driven by transitory factors, e.g. the extent of fluctuation during the 2000s boom and bust, housing price growth is taken as the percent change in the ten year average of the inflation - adjusted indices during the decade from 2005 to 2014 and similarly during the decade from 1975 to 1984.

Experts are in consensus the U.S. economy is headed for accelerated inflation, which will drive up housing prices, along with all other living expenses, making it harder for prospective homebuyers to save for their down payment.