«The current state of demographics bodes well
for the housing market for years to come.»
These trends provide excellent blueprints
for the housing market for 2016.
NAR has released their prediction
for the housing market for this year.
Not exact matches
Last week, online Chinese real estate investment platform Uoolu.com released a guide
for Chinese buyers interested in North Korean real estate, while popular accounts on the mobile messaging app WeChat have been posting articles about the country's
housing market in recent weeks.
«Given that the decline in home prices had so much to do with the de-leveraging that was taking place on the consumer side,» a recent 10 % rise in the
housing market «is a key reason
for optimism about growth improving,» Marple said.
But
for all of the attention and debate on the matter, we understand shockingly little about just how much of the
market is foreign - owned and what affect that has, particularly on
house prices.
Elevator Pitch judges were skeptical about the
market for the BatBnB, but fans helped the eco-friendly bat
house raise $ 107,638, about 344 percent of its fundraising goal.
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According to a report from Toronto - based social policy group the Wellesley Institute, «rooming
houses are one of the most affordable private -
market housing options
for low - income tenants....
Companies
housing members of this up - and - coming generation of workers are poised
for marketing success if they take the time to listen.
The ambitious plans reflect the huge
market for quality seniors»
housing anticipated to develop in the future.
Real estate developers are under pressure in China to refurbish older properties
for rental purposes to ease a supply shortage in the
market for affordable
housing, says Peter Churchouse of Portwood Capital.
The short seller made famous
for his controversial and astute negative call on the U.S. subprime
market is calling
for a «pretty severe correction» in the Canadian
housing market.
The lack of data surrounding Canada's
housing market has been a problem
for years, and it's only grown more pressing as real estate
markets in B.C. and Ontario have turned red hot.
«We're expecting a soft landing
for Canada's
housing market in 2015,» explains Marc Pinsonneault, senior economist at National Bank of Canada.
He is 32, works at a good job in
marketing & IT in Montreal and unlike his friends, he isn't in the
market for a
house or a car.
Canada, however, is still an important
market for U.S. television and a big change here may really be the one card that finally causes the whole
house to topple.
According to the international Bank's chief international economist, Torsten Slok, Canadian homes are 63 % overvalued — the single largest prediction of doom
for this country's
housing market.
The
housing market is far too important to the economy
for that.
House prices may indeed stagnate or head south
for a while, especially in the heated condo
markets of Vancouver and Toronto.
Home sales across the country have dropped in the wake of several government policy measures, including a stress test
for home buyers with a down payment of more than 20 per cent, that were implemented to cool the country's hot
housing market.
Still, the
housing market's recovery remains slow, in part because many Americans lack the credit to qualify
for a mortgage or can't afford the larger down payments now required.
The move came as a result of the collapse of America's
housing market, which evaporated demand
for B.C. lumber.
This coupled with several scandals at the White
House have let
markets nervous with investors ditching the dollar
for other currencies.
Interest rates have remained at unprecedented lows since the financial crisis in 2008, providing more incentive
for Canadians to jump into the
housing market.
Millie's Math
House, a numbers program
for preschoolers, targeted a nook in the
market where little competition existed.
Athanassakos argues Canada's
housing market is headed
for a fall.
For those in the
market to buy, the key right now is to find a neighbourhood that can withstand a potential correction in this hot
housing market.
«There is major uncertainty in the
market and federal agencies are not sure until the budget is passed and sequestration is resolved that they will continue, and they have really reduced the scale of work,» says Zia Islam, founder of Zantech IT Services, a McLean, Virginia - based company that has worked
for NASA, the U.S. Department of
Housing and Urban Development, and other federal agencies.
The federal government and the banks hold considerable sway over the
housing market, of course; the central bank's benchmark rate is a clumsy tool
for trying to moderate volatile real estate
markets.
While the fate of borrowers and the
housing market are concerns
for the future, there are already people suffering today as a result of low interest rates: savers and retirees.
After 16 years, Dina Alker is going to put her
house in Toronto up
for sale Monday, joining the throngs of others in the city who have decided to downsize as a chill gripping what was once one of the hottest real estate
markets in North America takes hold.
The backbone of the
housing market overhaul is the so - called Dodd - Frank law, a bill passed by Congress in 2010 that also sets out the general principles
for shaking up Wall Street and the financial sector.
«Additional government support
for home ownership, especially in the context of
housing markets experiencing rapid price growth and restricted
housing supply, are likely to be counterproductive,» Morneau wrote.
Lubbock comes in 19th
for house - flipping
market potential and 34th
for renovation and remodeling costs — which bodes well
for a relatively inexpensive buying and flipping process.
The movement could create affordable space
for small business, as well as urban fairs,
markets, and new
housing.
For this analysis, Zillow divided the
housing market into equal thirds based on price ranges.
But the city makes up
for it with its first - place
market potential ranking (out of 150 cities), and its
house - flippers see the second - highest average gross return on investment compared with those in other cities.
At 8:30 in the morning, a quartet of real estate industry professionals takes the stage to whoops from the crowd
for a panel on Toronto's
housing market.
The worst could soon be over
for Perth's troubled
housing market, with new data hinting at a bottoming of the downturn while warning that any recovery will likely be slow.
Increasing short - term corporate rentals that go
for above -
market rent could make affordable permanent rental options in a pressurized
housing market such as San Francisco's even more scarce.
The document called
for curbing industrial overcapacity, reining in the growth of money supply and stabilizing China's
housing market.
Larger rival Home Depot Inc raised its full - year forecasts last week after Hurricanes Harvey and Irma spurred demand
for emergency supplies and rebuilding materials even as the retailer benefits from a multi-year recovery in the
housing market.
So is there any way
for Ottawa to cool sizzling
housing markets like Toronto and Vancouver without putting others into the deep freeze?
Lady Gaga's latest album gets scrutinized, Nokia enters the phablet
market, the White
House offers up Obamacare enrollment data, SCORE dishes out intellectual property tips from SCORE, TechCrunch hosts Meetup + Pitch - off, a live chat with Henry Blodget... This week's news and startup events
for entrepreneurs:
Instead of outsourcing core functions (
for cost reasons), startups hoping to grow quickly should look to develop airtight processes and technology to streamline in -
house functions such as
marketing, lead generation and customer - relationship management.
The nonstop stream of (often bad) news out of President Donald Trump's White
House has become a liability
for Wall Street, one
market strategist told CNBC recently, but
market benchmarks may still set new highs nevertheless.
It remains to be seen whether the changes will have a cooling effect on hot
housing markets or how much more difficult it will be
for would - be homebuyers to secure mortgages.
David Madani, economist with Capital Economics, says the timing is bad
for Canada given the jittery
housing market.
Still, as important as affordability is, cheap
house prices alone don't make
for a healthy
housing market.