Sentences with phrase «further rises in home prices»

RealtyTrac's figure is based on current house prices — and doesn't take into account possible further rises in home prices.

Not exact matches

The steady rise in home prices is so far showing no limits, and that is turning up the heat on some already overheated housing markets.
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
But property prices in the city surged in the weeks leading up to the historic summit between the two Koreas, with speculators snapping up homes expecting prices to rise further.
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For those who must now postpone home purchases to save more, they are falling further behind as house prices in many regions (and prices of many goods and services across our economy), rise and become further out of reach.
Residential real estate prices in South Florida have risen more than 4 % in the last year, far outpacing the national average, according to the S&P / Case - Shiller Home Price Index.
Fredericton and Saint John posted by far the highest home price increases in the region at 10.4 % to $ 257,092 and 13.4 % to $ 230,405, respectively, while Moncton prices remained relatively flat, rising 0.3 % to $ 191,678.
Since their trough in 2012, home prices have risen at an annual average rate of 5.5 %, far more rapidly than incomes or inflation.
Home prices have risen far from the long - term averages such as portrayed in the graph below:
For black and Hispanic communities, in particular, the prospect of homeownership is often a distant dream, pushed further off by persistent income inequality, rising home prices and inferior access to mortgage loans.
In any case, due to the steady price gains home owners have seen, total home owner equity has risen by $ 760 billion so far this year.
This scenario opens the door for unethical Realtors to virtually guarantee themselves commissions via influencing their buyer clients to insert this clause within the APS in order for them to get their «dream homes» before prices rise even further (and the Realtors have to go searching for another property to bid on.
«Despite strong rental demand in many markets, investment property sales have declined four consecutive years to their lowest share since 2010 as rising home prices and fewer distressed properties coming onto the market have further reduced the number of bargains available to turn into profitable rentals,» says Yun.
Resale home prices rose by 12.9 per cent in the second quarter of 2006 from a year earlier, which is marginally faster than the 12.0 per cent gain posted in the first three months of the year and far exceeds the long - term national average of 5.6 per cent.
Further gains in personal income and employment may increase the demand for housing and add to price pressures, when home prices are already rising about twice as fast as inflation.»
«Home prices have ascended far past wage growth in much of the country in recent years because not enough homeowners are selling and home builders have not boosted production enough to meet rising demand,» says Lawrence Yun, NAR chief economHome prices have ascended far past wage growth in much of the country in recent years because not enough homeowners are selling and home builders have not boosted production enough to meet rising demand,» says Lawrence Yun, NAR chief economhome builders have not boosted production enough to meet rising demand,» says Lawrence Yun, NAR chief economist.
Nobel laureate Robert J. Shiller states that home prices have risen an average of approximately 0.6 % every year, and The Washington Post states, «Investing in an index fund has, on average, far higher returns than owning, even after you take into account the costs of renting and the tax subsidies for buying.»
«Further gains in personal income and employment may increase the demand for housing and add to price pressures when home prices are already rising about twice as fast as inflation,» he said.
Home prices will likely rise further between now and the end of 2016, but possibly at a more moderate pace than in previous years.
(MCT)-- Home prices in August rose across a broad swath of large American cities, adding further evidence that a housing recovery is taking shape.
Since their trough in 2012, home prices have risen at an annual average rate of 5.5 %, far more rapidly than incomes or inflation.
Ryan discusses the death of Osama Bin Laden; Ryan reviews the economic news of the week; Ryan notices the correlation between increased home sales and interest rate drops; Louis notes we can't expect the housing market to be supported by further decreases in rates as they are already near historic lows; Ryan explains that interest rates change once every four hours; Ryan notes the difference between getting a quote and being locked in to an interest rate; Ryan advises the importance of keeping in touch with your mortgage lender; Louis notes that interest rates change a lot faster than home prices; Ryan notes that the consumer confidence was up, Ryan and Louis discuss the Fed's decision to keep interest rates where they are and to continue the $ 600 billion QE2 program; Ryan and Louis discuss the Fed's view that inflation is nascent; Louis notes that not only does the Fed not see inflation that exists but disclaims any responsibility for it; Louis asserts that there is a correlation between oil prices and Fed policy; Louis discusses Ben Bernanke's assertion that the Fed can't control oil prices but that they somehow can control the impact of higher oil prices on the rest of the economy; Louis also remarks on Bernanke's view of the dollar - the claim that a strong dollar can be achieved through the Fed's current policy as it is their belief that they are creating a sound economy and therefore a sound dollar; Louis notes the irony of the Fed chastising Congress» spendthrift ways — if the Fed did not monetize the debt, Congress could» nt spend; Louis noted that as Bernanke spoke the prices of gold and silver rose as it seemed that the Fed has no interest in cutting off the easy money; the current Fed policy will keep interest rates low; Ryan notes that the Fed knows that they can't let interest rates rise because of the housing mess; Louis notes that the Fed has a Hobson's Choice - either keep rates low or let interest rates rise and cut off the recovery.
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