Sentences with phrase «high affordability»
"High affordability" means that something is priced at a level that is easily affordable or within reach for many people. Full definition
But the statement confirms that the debt caps will only be lifted in areas of high affordability pressures.
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Despite record low mortgage rates and historically high affordability, we do not expect a meaningful recovery in the housing market over the next 12 months.
Historically high affordability is one of the key drivers of the improved sales performance.
«The recovery is occurring despite excessively tight credit conditions and higher downpayment requirements, which are negating the impact of record high affordability conditions,» Yun says.
In October, the federal government implemented new measures designed to slow the housing sector, including higher affordability thresholds that borrowers have to meet to qualify for mortgages.
They're back because our data shows that they are still great places to buy property, with high affordability scores, prices on the upswing and declining unemployment rates.
«The underlying factors for improving sales are developing, such as rising rents, record high affordability conditions and investors buying real estate as a future inflation hedge.
Term life does have drawbacks, such as it may not cover you for long enough, but given its low cost and high affordability index, it solves a lot of consumers problems for a low low price.
If you're looking for something bigger, then 14 - and 15 - inch Chromebooks offer wider screens and a larger form factor for users who prefer a more traditional laptop but still deliver the same lightweight OS and high affordability as their smaller siblings.
«Should economic indicators continue to improve and the pace of policy normalization picks up, we will eventually see the end of incredibly low mortgage rates and corresponding high affordability.»
Economists polled by MarketWatch had expected a rate of 5.1 million for December, with buyers eager to take advantage of relatively high affordability in a housing market that is gaining steam.
This is thanks to sustained economic growth, the slowly recovering jobs picture, and historically high affordability conditions, NAR Chief Economist Lawrence Yun told a packed room on Thursday during the Residential Economic Update at the 2011 REALTORS ® Midyear Legislative Meetings.
However, given a high dependency on financial qualifications, this activity will be skewed to geographic areas with higher affordability, such as the Midwest and South.»
«It is no longer just the investors who are taking advantage of high affordability conditions.
Although affordability improved in Vancouver for the first time in more than three years (to 84.8 per cent, from 90.0 per cent in the third quarter), buyers in Vancouver still face the highest affordability hurdle in Canada, by a long shot.
The 2012 Toyota Prius C is most notable for its high affordability and exceptional gas mileage, surpassing all other hybrids in its class.
While low rates and high affordability have helped the housing market gain ground, it has struggled in recent months given stubbornly high unemployment and mounting foreclosures.
In an article for Reuters written by Julie Haviv: While low rates and high affordability have helped the housing market gain ground, it has struggled in recent months given stubbornly high unemployment and mounting foreclosures.
DC suburbs Arlington and Fairfax had high property values but higher affordability than other expensive areas
Retailers list the Evenflo Platinum LiteMax 35 infant car seat at $ 149.99, which also falls in the highest affordability threshold.
«The price decline could be diminishing, as buyers recognize great bargain prices and the highest affordability conditions in 40 years; this will help mitigate further price drops,» Yun said.
«Home sales have been stuck in a narrow range despite several improving factors that generally lead to higher home sales such as job creation, rising rents and high affordability conditions.
In the meantime, high affordability and low mortgage rates will benefit the buyers who are willing and able to make a purchase.
According to the authors: «These markets exhibit strength in five key metrics: strong job growth over the past year, low vacancy rates, high affordability, more inbound home searches than outbound, and a large share of millennials.»
The drivers of housing demand are in place for a sustained recovery: high affordability; job growth (albeit modest); strong investor demand; rising buyer confidence; lean home inventories; home price appreciation; and fewer distressed homes for sale.
«Movements in the index have been uneven, reflecting the head winds of tight credit, but job gains, high affordability and rising rents are hopefully pushing the market into what appears to be a sustained housing recovery,» Yun says in a statement.
Among those pluses: record - low fixed interest rates for mortgages and the highest affordability levels since record - keeping began in the 1970s.
«Movements in the index have been uneven, reflecting the headwinds of tight credit, but job gains, high affordability and rising rents are hopefully pushing the market into what appears to be a sustained housing recovery,» Yun says.
It will take time before we can say the economy is back to normal, but in the meantime, high affordability and low mortgage rates will benefit those who are willing and able to purchase.