Sentences with phrase «driving home prices»

Bringing this back to the issue of druggies and other less financially fortunate people not being able to afford nice housing: the very codes that are supposed to promote providing everyone with «habitable» housing are driving home prices up.
San Jose's new developments can't keep up with job creation in the area, resulting in a housing shortage that's driving home prices higher.
Simple rule of supply vs demand is driving home prices.
Seller's market conditions have been driving home prices north, and have forced buyers to compete for limited inventory.
Simple rule of supply vs demand is driving home prices.
Lack of supply is driving home prices higher and hurting homebuyers with stagnated wages, Mike Fratantoni says.
In the former, foreign buyers are blamed for driving home prices through the roof.
The new ease of access is surely going to drive home prices higher, especially as before the rail line opened, access to the city essentially required use of the often - standstill 210 and 605 freeways.
And that has, in turn, driven home prices higher.
Strong demand and limited inventory have driven home prices north by a good measure.
That segment of the population has helped drive home prices higher, but not to the overvalued levels the OECD is suggesting, Mr. Lefebvre says.
Normally, this kind of supply - and - demand imbalance would drive home prices north — and it has.
Which will drive home prices even higher.
The two main factors driving home price appreciation are low inventory and a low vacancy rate among owner - occupied housing.
Jobs are growing and interest rates remain low, but tight inventory in many parts of the country continues to drive home prices up, hurting affordability, especially for first - time buyers, who can't tap home sale proceeds to come up with a down payment.
NAR chief economist James F. Smith doesn't believe the stock run - up has driven home prices to wildly inflated levels.
Competition drove home prices up in the first five months of the year, but, as the market cools a bit at the start of summer, will your pricing strategy still help your seller, or scare buyers away?
The supply - demand equation continues to drive home prices up in the most affordable price ranges.
«Consumer confidence drives home prices

Not exact matches

In February The New Yorker profiled the super-rich kids of the Chinese billionaires and millionaires who are either partially, mostly or wholly responsible for driving the price of an average home in Canada's third - biggest metropolitan area to more than $ 1 million.
Prices on food, such as pork (and, in turn, bacon), may also fluctuate, since a drop in Chinese purchasing power would likely force U.S. farmers to produce less, potentially driving up costs at home.
With self - driving cars becoming the norm, longer commutes would be less of a deal - breaker, and that will affect home prices.
Morneau added that Ottawa is also examining whether there is any evidence to support the notion held by some that foreign buyers are driving up home prices.
Another driving the higher prices: More buyers are choosing to bundle at - home care and nursing home care together, rather than simply pay for one or the other.
«Given there is evidence of speculation driving Toronto home prices to unreasonable, unjustifiable levels, you might want to make speculation a little bit more costly,» he says.
The residential enclave has seen a surge in popularity in recent years, driving the median sale price of a single - family home to $ 1.36 million, up 75 % from five years ago.
While housing policy was crafted to ensure Canadians had equal opportunity to purchase a home, runaway prices are driving a wedge between those who can afford to and those who can't.
«You want to think of where the great Sun Belt drove so much migration into these retirement communities of Florida, Arizona, Nevada, and so much subsequent home price appreciation,» she said.
The fees are one of many factors driving up the cost of buying or renting a home, including income inequality, restrictive zoning, low construction productivity, a historic slowdown in housing production, and high prices for land, materials, and labor.
And unlike in Toronto and Vancouver, where foreign investment is viewed by some as a malevolent force driving up home prices, the market in the province is still shaky and a few more offshore buyers could be beneficial.
Too few homes for sale drove prices sky high and led to fierce competition among buyers, especially at the entry level.
Trump delays metal tariffs on EU, Mexico and Canada: Reuters Special Counsel Mueller has far - ranging questions for Trump: NY Times US consumer spending and price inflation picked up in March: Reuters Pending homes sales in March for US point to subdued growth: CNBC Dallas Fed Mfg Index: mfg activity rebounded «strongly» in April: Dallas Fed Chicago PMI edges up in Apr, remains relatively subdued vs. recent history: MW Fed expected to hold rates steady this week and raise rates in June: Reuters Rising gas prices on track to deliver most expensive driving season since 2014: AP Initial Q2 GDPNow estimate for US economy is a strong 4.1 %: Atlanta Fed US Treasury in Q1: 2018 borrowed the most since 2008: Bloomberg
Although a tightening labor market has driven up prices in some segments, such as single - family homes, it's «not enough to overcome downward pressure from other factors,» says Zentner, who adds that recent hurricanes likely won't have a lasting impact on national prices either.
No matter which city is chosen, the influx of 50,000 high - paid Amazon workers and 66,250 supplementary workers over a ten - year period will put pressure on local housing markets, driving up rent and home prices.
Opening up access to real estate data will allow member agents to offer consumers the convenience of data - driven insights into home sales prices and trends via the web, and to improve the efficiency and quality of their services.»
In a recent report, CAR economists said that limited inventory and high prices are driving home buyers into the Inland Empire.
In Nashville, some residents were blunt about how a new Amazon headquarters and its well - paid workers could drive up both the prices for rental units and homes alike, exacerbating housing problems.
Whalen also references the REO to rental issues, regional issues driving foreclosures and an outlook for national home prices heading into next year.
Of course, this may have undermined Google Home retail partner Best Buy's attempt at the same sale price for Black Friday hoping to drive some foot traffic.
It may be that the Black Friday sale price from Best Buy is designed to offload Invoke inventory more than drive foot traffic as many Amazon Echo and Google Home Mini deals are expected to do.
«Inventory is tighter than ever, while strong demand keeps driving up home prices.
A supportive and successful drilling accord from OPEC, as well as reduced stockpiles at home, could help to drive prices higher.
Online home shopping is more convenient to the buyer, since he can compare the size, quality and price of different homes without driving around for hours.
High levels of negative equity kept one out of five homeowners frozen in place and unable to sell, driving down inventories, especially among lower priced homes.
There was no reference to the carbon tax in their platform, and they never told Albertans they were going to slam the province that would raise the price of nearly everything: groceries for your family, utility bills to heat your home, and gas to drive your kids to hockey practice.
Wildfires in October that destroyed thousands of homes no doubt help drive the increase, he said, but more homes are being priced above the $ 1 million mark, and competition is increasing from surrounding high - priced real estate counties.
Price gains partly driven by tight supply and low inventories of homes for sale.
Many California cities have had a shortage of housing supply in recent years, creating fierce competition among home buyers and driving prices north at a rapid pace.
Home buyers in this housing market are now competing fiercely for a limited supply of properties, and it's driving prices north.
The meals, which will include two tacos, five mini churros, three chicken strips, a box filled half with curly fries and half with onion rings, and a drink, are naturally being priced at $ 4.20 (a code term referring to cannabis consumption) to really drive home Jack in the Box's attempt to court marijuana - using customers.
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