Sentences with phrase «effect on housing prices»

Of course, most of the attention on foreign investment in local real estate has been on the housing market, because of its perceived effect on housing prices.
If the USD devaluates, it causes no immediate effect on housing prices.
He said it was impossible for Airbnb to have a material effect on housing prices in the city, as the majority of Airbnb hosts rent only a portion of their home and are using the site to earn a modest supplemental income.
Taxing property or net worth has little effect on housing prices if history is any indicator.
It is likely that other cities with similar bike sharing systems, like New York, Toronto, or Paris, will see similar effects on housing prices.

Not exact matches

While HQ2 could produce negative effects, including increased traffic congestion and housing prices, on the chosen city, dozens of cities have clamored for Amazon's attention.
Meanwhile, measures to rein in home prices are also taking effect in Hong Kong where house prices fell 0.6 percent on - year in June.
But where housing is easy to build, it has little effect on prices, and doesn't have a significant influence on the rate of homeownership, he said.
Seattle's City Council on Friday released new draft legislation that would tax large employers in order to raise $ 75 million next year to counter the effects of rising rents and house prices.
But it looks like prices have moved far past our ability to support them, while housing remains subdued in terms of the number of homes sold, its contribution to GDP, and its effect on employment.
The concerns about high housing prices and overstretched borrowers seemingly had no effect on Canada's five biggest banks: the Bank of Montreal (BMO), the Bank of Nova Scotia (Scotiabank), the Canadian Imperial Bank of Commerce (CIBC), the Royal Bank of Canada (RBC) and Toronto - Dominion Bank (TD)- Canada Trust.
First - order impact of more restrictive dollar - inflow into the U.S. will be seen in home sales and home prices data, although second - order effect would weigh on multifamily REITS as a sizable cohort of «involuntary renters» re-enter into the housing market as potential buyers (albeit without the balance sheet strength of Chinese buyers).
While the net effect of the recent tax changes on house prices is expected to be limited, doubling the standard deduction will increase the incentives to rent.
But were Australia to enter at some stage a period of declining housing prices, it is likely that this equity withdrawal would be scaled back, or would possibly go into reverse, resulting in a cutback in spending, with a potentially destabilising effect on the broader economy.
House prices have finally recovered to long term averages, and the wealth effect on U.S. households ought to contribute to further consumer spending.
This isn't some abstract thesis of economists: we can see the effects of it when new stations are built in the commuter belt: house price rises along stations which will soon be on London's forthcoming Elizabeth Line (formerly known as Crossrail) have outstripped those in the rest of London.
While there is absolutely no evidence (as the examples of Ireland and Australia have recently shown) that a marginal increase in house building has any substantive effect on price.
Suffolk County Executive Steve Bellone said home prices in his county could decline by 20 percent, and that could have a ripple effect on housing values throughout the state.
Suffolk County Executive Steve Bellone says home prices in his county could decline by 20 percent, and that could have a ripple effect on housing values throughout the state.
A report released by the city Independent Budget Office has raised questions about the potential effects of the so - called «mansion tax,» a proposed part of Mayor Bill de Blasio's affordable housing strategy that would levy a 2.5 percent surcharge on the sale price over a threshold of $ 2 million for residential properties.
In his thesis, Johan Rootzén also concludes that a shift in technology to a less carbon intense production of steel and cement would only have a marginal effect on the final price of a car or a house, despite the large investments required in the production step of the primary materials.
Hachette Book Group offers its ebooks on terms and pricing similar to the terms now in effect from Penguin Random House, so two of the Big Five now have similar terms.
I believe they will still do that, largely because of the effect that falling housing prices will have on the credit of the residential mortgage market, and not just Subprime, but Alt - A, and Prime loans as well.
«Although we strongly believe that the housing supply - demand imbalance for single - family homes will continue to drive above - average home price appreciation, just as falling mortgage rates aided pricing power on the margin in recent months, we expect the opposite effect to become evident in the coming months.
This topic is especially pertinent because of the negative effect it is having and will continue to have on housing prices.
What effect would a sovereign default of a European country (i.e. Italy / Greece) have on house prices of the same country that goes in default?
A recent story on CBC's The Current looked at the effect high housing prices are having on Canadians.
In any case, house price fluctuations have a neutral effect on most homeowners: we have to live somewhere and another house will be subject to the same price movements as ours.
Taking on debt to buy a house was a wonderful strategy until overall debt levels to finance housing got to high, but at that time, the momentum effect of rising house prices was sucking people into buying houses, because they thought it was easy money.
«The turn in home prices is important, not only because the housing industry is an important employer, but also the wealth effect created by rising home prices can lift consumer spending on other big - ticket items,» said Steven Ricchiuto, chief economist at Mizuho Securities in New York.
The turnover intensifies curiosity about the enterprise: The combination of a gallery within an auction house has long raised questions about the effect on prices, and about the sharing of clients or information.
New research from the Centre for Economics and Business Research (Cebr) and RenewableUK has found what many had already deciphered, that the presence of wind farms has «no significant effect» on the price of houses within 5 kilometeres of wind turbines.
This concluded that along with a rise in house prices, the actual effect was limited in any event in that most people who bought with the benefit of the relief would have bought anyway — raising the question, then and now, of whether the money would have been better spent on genuinely affordable housing for those who would not otherwise be able to buy.»
«Ongoing job growth continues to fuel demand for housing, while wage growth is helping to offset the effects of rising mortgage rates and keep home prices affordable,» said Robert Dietz, chief economist at the NAHB, in a statement on the Index.
Housing's dampening effect on the overall economy is impacting commercial property price appreciation and creating a slightly less favorable commercial credit climate.
One thing that you should consider is how the school district can have a significant effect on the price of a house.
«There is still a supply - and - demand problem, mortgage rates are still on the rise, affordability remains an issue in many major markets, and the wider - ranging effects of the new tax plan are still unknown — so it's unclear whether this slowed growth will lead to housing market price plateaus or declines, but the conditions are certainly in place for that potential outcome.»
Lawrence Yun talks about the rise in home prices and shortage of homes for sale, as well as the effect of rising mortgage rates on the housing market.
Redfin examined the effect of high quality photos on house prices.
«The turn in home prices is important, not only because the housing industry is an important employer, but also the wealth effect created by rising home prices can lift consumer spending on other big - ticket items,» said Steven Ricchiuto, chief economist at Mizuho Securities in New York.
Those who argue the effect of foreign buyers on California home prices is overstated often cite the type of homes offshore investors are often interested in: newly constructed houses and higher - priced houses at the top of the market.
The measured effect of this attributes on house price levels is then used to estimate the price that the constant - quality house would command in each period.
The effect of these factors though on house prices appears with a significant time lag due to the long time that it takes to plan and deliver a completed housing unit or apartment building.
Finally, as the housing sector, represents one of the largest contributors to local and national economies (both directly and indirectly through its linkages to several sectors of the economy such as furniture, building materials, home equipment, etc.) a measure of movements in home prices, is necessary in researching and measuring the effect of the housing sector on key economic indicators such as inflation, income and employment growth, construction activity and economic cycles.
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