Sentences with phrase «driven by houses priced»

Not exact matches

Some of that spending is driven by homeowners made wealthier by the surge in house prices.
Perth continues to take out the title of Australia's most affordable capital city when it comes to buying houses and apartments, driven by lower property prices and low interest rates, a report released today has found.
«In line with the 2013 norm,» June price growth was driven by single - detached and semi-detached houses, particularly in the city of Toronto, the board said in a report Thursday.
All up, national house prices fell 1.1 per cent, driven mainly by the declines in Sydney and Melbourne, Corelogic said.
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.
Other specific factors to have contributed to the CPI increase over the past year have been large increases in insurance and tobacco prices, much of which were tax - related, and house purchase prices, which have been partly driven by strength in housing demand attempting to avoid the GST (and accommodated by easy credit availability).
In large part this has been driven by growth in share prices and house prices, although the demutualisation of the AMP Society and capital gains from the first stage of the Telstra float provided an additional boost to available wealth last year.
If the whole thing — the rises in stock prices, in corporate earnings, in the housing market, even in job growth — is driven solely by the flood of money, or whether five years of zero - interest rates and trillions of dollars in bond purchases have succeeded at getting a more resilient economic engine for the United States up and running.
Las Vegas is a case study in the limits of the housing bubble but also the reflection of a new economy driven by a demand for lower price real estate.
The buoyancy of consumer spending is being supported by rising household wealth, driven in large part by continuing increases in house prices.
Consumption was also supported by an increase in household net wealth in the December quarter of 4.2 per cent, driven by a substantial increase in the value of equities and rapid growth in house prices.
«The private housing sector is being driven by recovery in the wider economy and the impacts of policies including Help to Buy, which have driven both house prices and house building.
The new tax — dubbed the «Amazon Tax» by locals — will fund affordable housing and homeless services in a city whose economic boom, driven in no small part by Amazon, has priced many residents out of the area and forced some onto the streets.»
Property tax revenues fell by 1.0 percent in nominal terms, likely driven primarily by falling housing prices.
A previous study by researchers at McGill University in Montreal found that the home - sharing company is driving up rental prices and reducing housing availability due to so - called «ghost units» not made available to residents of New York City.
Decreased consumption, driven by the price hike, was brought about by measures ranging from insulating houses to improved fuel efficiency.
«Purchases are being driven by rising household wealth — the key driver of the luxury auto market — which is being buoyed by strong equity market performances across much of the globe and ongoing house price appreciation,» said Gomes.
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.
The median gross rent hasn't been driven up terribly by housing prices.
All that said, the problems with Fannie and Freddie are not primarily accounting - driven, but are being driven by diminishing housing prices, which erodes their margin of safety on their lending and loan guarantees, and diminishes the value of the mortgage insurance that they rely on for some of their business.
Housing markets are local and some communities may be seeing house prices driven up by a shortage of homes for sale.
«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.
Most economists agree that the initial trigger of the crisis was the housing bubble, driven by low interest rates moving the housing prices higher, which peaked in early 2006 and starting to drop in 2006/2007, with the Case — Shiller home price index reporting its largest price drop in its history on Dec 30, 2008.
So there may be a case where west coast housing prices are driven up by Asian buyers, or Florida housing by buyers from Latin America, driving Americans out of local markets.
House price increases are driven by lower mortgage rates resulting from the Fed's purchase of long term bonds.
The fact is, ceramics from Italy and hardware from Germany are better because they have a completely different kind of housing market and demand the stuff; In America the housing market is predominantly driven by price.
The median gross rent hasn't been driven up terribly by housing prices.
However, if a lot of Spotify shareholders decide that they'd like to buy houses and the like, then the market could be overburdened by non-locked-up shares, driving the price down.
(Bloomberg View)-- To understand the slow - motion trends in single - family housing, start by looking at the oil market: It took years of oil priced around $ 100 a barrel to spur the investments that drove higher production, leading to the current...
Sales are being driven by strengthening fundamentals — the improving jobs picture, rising rental rates, continuing low interest rates and housing affordability — and prices are gaining on reduced supply.
Housing is expected to downshift next year as the post-election economy sets in, driven by a deceleration in home price growth, according to realtor.com ®'s recently released 2017 housing foHousing is expected to downshift next year as the post-election economy sets in, driven by a deceleration in home price growth, according to realtor.com ®'s recently released 2017 housing fohousing forecast.
By addressing the unmet housing, social and community needs of a large and growing segment of the priced - out and ignored U.S. workforce, a private sector owner - operator is able to achieve the so - called «double bottom line» of creating meaningful impact while also driving strong, stable cash flows and returns to investors.
The prices of houses in cities like Toronto and Vancouver have been high since long before current worries about foreign buyers, he says, stating that zoning and land - use policies have been driving up real estate prices in these cities for more than 50 years by reducing the availability of housing.
A study by NAHB economists shows that the increase in the cost of lumber since the beginning of 2017 has been enough to drive up the price of an average new single - family home by $ 6,388, and the market value of an average new multifamily housing unit by $ 2,430.
This decrease was driven in large part by an improvement in house price levels.
TORONTO Housing prices continue to rise in the Greater Toronto Area because of land shortages that are at least partially being driven by builders sitting on real estate in hopes of a rising market, says a new report.
«Either low inventory numbers for homes for sale will restrict sales because buyers can't find houses in their price range or Millennials, the driving force behind our market, will be able to and decide to buy,» said Tom Ruff, housing analyst with The Information Market, owned by the Arizona Regional Multiple Listing Service.
The number of Toronto houses and condos that sold for over $ 1 million in 2014 surged by 38 per cent over 2013 as «robust consumer demand» and a shortage of listings continued to drive house prices skyward, according annual Top - Tier Real Estate Report released Wednesday by luxury realtor Sotheby's International Realty Canada.
SFRs aren't encumbered by many of the affordable housing laws, low - income housing tax credits (LIHTCs), Sec. 8 mandates, and other regulation that drive acquisition and operating prices up.
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.
There is no correlation that supports higher home prices correlate with higher housing confidence (higher home prices have mostly likely been driven by low inventory and low mortgage rates, among other factors).
The market recovery last month was driven primarily by buoyant sales of detached houses in the city of Toronto, where average prices climbed 13.8 per cent in September compared with August.
This will be driven by price appreciation, mortgage rate hikes and tighter housing inventory.
This explosive growth is being driven by increases in home values and selling prices, tight inventories of houses for sale, and pay - downs of principal on existing...
«Orlando area inventory currently rests at 10,362 homes, which is both the lowest point this year and the lowest level since March of 2014,» says Orlando Regional REALTOR ® Association President John Lazenby, Colony Realty Group, Inc. «Housing inventory in Orlando has declined year - over-year for 15 straight months, which is driving values upward and causing prospective buyers to either waver at the steeper home prices or become disheartened by the competition for the low number of available affordable listings.»
Much of this is driven by the fact that pricing for single - family housing is still below peak value.
«The story goes like this: The median house price surged 30 per cent from January to peak at $ 765,000 in March, largely driven by investors who were pouring money into the market for quick returns, Realosophy said in a report.
This explosive growth is being driven by increases in home values and selling prices, tight inventories of houses for sale, and pay - downs of principal on existing mortgages.
Their fix - and - flip business is mainly driven by buying a dilapidated or damaged house at a low price, fixing it up, making it more desirable, and putting it back on the market at a much higher price point.
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