Sentences with phrase «high house prices in»

But taking a look at how the province has been raking in more and more revenue by taxing sky - high house prices in a number of Ontario's cities, you'd likely conclude he could afford to offer something a little bigger.
Above all, the Conservatives have a progressive trump card in the shape of their education policy, which could smash the middle - class opportunity hoarding made possible by high house prices in the catchment areas of the best schools.
I believe that Canada's high house prices in relation to incomes, combined with record household debt levels and overinvestment in residential construction, will cause a severe correction in the real estate market.
On the other hand, critics have blamed the Aussie rules for contributing to a boom in unsightly condo towers aimed at foreign investors while doing little to bring sky - high house prices in cities like Sydney and Melbourne back down to Earth.
Angus Reid, in its June 2015 survey, Lotusland Blues, asked survey participants which factors they thought were the main causes of high housing prices in Vancouver — two - thirds (64 %) chose foreigners investing in Vancouver's real estate market as a main cause.
We are currently well short of targets and this is contributing to higher house prices in certain area.»
As we mentioned, several Massachusetts counties have conforming loan limits that are higher than $ 417,000, in recognition of the high housing prices in those counties.

Not exact matches

But as the recovery picks up in housing, pushing prices higher and cap rates lower, real estate funds are getting increasingly creative in their quests for attractive returns.
If we can get the cost of moving to Mars to be roughly equivalent to a median house price in the US, which is around $ 200,000, then I think the probability of establishing a self - sustaining civilization is very high.
In early 2004, as American house prices roared higher and there came dire warnings from some quarters about the existence of a bubble — accompanied, of course, by strident denials from banks, most economists and the mortgage and real estate industries — Ben Bernanke (then still a governor before he became Fed chairman) addressed the problem of what to tell the American people.
A parade of reports and experts explained away high house prices and debt levels with many of the same arguments we hear today in Canada — yes, prices are way up compared to rents, but the analysis is built on flawed data; debt levels are high, but so are house prices, which minimizes the risk; America's demographics support the boom; and then the classic: There'll be a soft landing.
On the other hand, leaving the interest rate low encourages the kind of borrowing and spending that has produced record - high levels of consumer debt in Canada and pushed housing prices into the stratosphere.
In fact, the comments section of the above mentioned article has many stories of people who did sell in past years because they thought house prices were too high, only to subsequently watch from the sidelines as prices continued to march upwarIn fact, the comments section of the above mentioned article has many stories of people who did sell in past years because they thought house prices were too high, only to subsequently watch from the sidelines as prices continued to march upwarin past years because they thought house prices were too high, only to subsequently watch from the sidelines as prices continued to march upward.
Among the top five richest neighbourhoods in British Columbia, this one boasts the highest average house price, at $ 3.08 million.
In its latest statement, it said «household vulnerabilities have moved higher,» which is how policy makers describe the troubling nexus between excessive housing prices in many cities and record levels of household debIn its latest statement, it said «household vulnerabilities have moved higher,» which is how policy makers describe the troubling nexus between excessive housing prices in many cities and record levels of household debin many cities and record levels of household debt.
The tax, which takes effect Tuesday, was introduced by the British Columbia government with the intent of improving home affordability in Metro Vancouver, where house prices are among the highest in North America.
The version of the AHCA that passed in the House included an amendment that gives states the option to waive out of the Obamacare mandate that prevents people from preexisting health conditions from being charged higher coverage prices.
Higher - tier (and higher priced) options add screen - sharing, integration with the customer's in - house directory, and support for meetings of up to 200 pHigher - tier (and higher priced) options add screen - sharing, integration with the customer's in - house directory, and support for meetings of up to 200 phigher priced) options add screen - sharing, integration with the customer's in - house directory, and support for meetings of up to 200 people.
In terms of data, the latest Halifax house price index showed U.K. house prices falling 1 percent month - on - month in June, but still 2.6 percent higher year - on - year in the three months to JunIn terms of data, the latest Halifax house price index showed U.K. house prices falling 1 percent month - on - month in June, but still 2.6 percent higher year - on - year in the three months to Junin June, but still 2.6 percent higher year - on - year in the three months to Junin the three months to June.
The stricter residential mortgage lending regulations introduced by the Office of the Superintendent of Financial Institutions were aimed at reducing risk in the market amid high housing prices.
Housing prices in Arizona rose 8.3 % between Q3 2014 and Q3 2015, the seventh - highest growth rate in the country.
DC's November 2015 average weekly wage of $ 1,342, GDP per capita of $ 159,386, and increase in house prices of 15.4 % were all the highest in the country.
Housing prices in Colorado increased 12.7 % between Q3 2014 and Q3 2015, the second - highest growth rate among the states and DC.
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.
We're standing in front of a lot of core economic reasons for why housing prices are higher
«Nevertheless, simple indicators continue to suggest some overvaluation in the housing market; house prices are high relative to income and housing affordability could become a concern when interest rates begin to normalize,» it adds.
The housing prices were as unrealistically low in 2011 as they were high in 2006.
Existing home sales are up 9.7 percent over a year ago, new home prices touch record highs and Matt Phillips says the hidden indicators on housing are buried in Home Depot's «rock solid» earnings.
Mortgage payments as a percentage of income (MPPI) rose 0.6 points, as a 6.6 % increase in house prices outweighed lower mortgage rates and a higher average median income.
Treasury prices rose on Tuesday, pushing yields higher, as fears over the U.S.'s protectionist policies makes a return on reports that the White House may crack down on Chinese investments in American tech companies.
This brings me to a third plot line: that is, how we deal with the higher level of household debt and higher housing prices, especially in a world of more normal interest rates.
If construction rates do moderate, prices in the hot markets of Miami, San Francisco, Los Angeles, San Diego, New York, Boston, and Phoenix should rocket to all time highs but what is the risk of a housing market crash?
On Monday, a group of 25 retail giants including Walmart and Costco sent a letter to the White House on arguing that «higher tariffs will mean higher costs to businesses and in turn higher prices for American families.»
In fact, Canadian median house prices peaked this year at levels higher than median prices at the top of the market in the U.In fact, Canadian median house prices peaked this year at levels higher than median prices at the top of the market in the U.in the U.S.
Canada currently supplies over 1/3 of U.S. lumber consumption and if the current rate of growth in housing starts continues, the U.S. will need to increasingly rely on higher - priced imported lumber from outside of North America to fulfill their needs if they impose a quota restriction on Canadian lumber.
Western allies press Trump to maintain nuclear deal with Iran: Reuters US intelligence monitors Iranian cargo shipments into Syria: CNN A trade war is a major risk for China's debt - ridden economy: CNBC Federal judge orders gov» t must accept new DACA immigration applications: WaPo Unification of Koreas still unlikely as leaders prepare to meet: Reuters US Consumer Confidence Index rebounded in April after March decline: CB New home sales in US increased to 4 - month high in March: MarketWatch Richmond Fed Mfg Index turns negative for first time since 2016: Bond Buyer S&P Case - Shiller Home Price Index surged in Feb, up 6.3 % y - o - y: CNBC Federal Housing Finance Agency: US house prices continued to rise in Feb: HW Corp bonds with lowest investment - grade rating look vulnerable: Bloomberg 10 - year Treasury yield reaches 3.0 % for first time since 2014: CNN Money
Often enough, when excess savings are high, they flow into real estate and stock markets, perhaps even setting off bubbles, with overinvestment in real estate an almost inevitable consequence of rapidly rising housing prices.
«Major declines in house prices and the continuing high level of unemployment are reflected in the various measures of household debt and credit.
But even higher earners with new jobs in today's recovering economy may be unwilling to move closer to jobs, especially in highly competitive housing markets where prices are rising quickly, Moss said.
For one thing, prices are high in California, which means borrowers will need more money for a down payment and will have higher monthly housing costs than in states with more affordable real estate.
He is looking deeper into these market failures to understand why housing prices stay so high even in low - income neighborhoods.
Population spread out fairly evenly around the cities; employment clustered where the housing was highest - priced, in what real estate experts call the «favored quarter.»
According to the latest release of the S&P / Case - Shiller Home Price Index (published on January 26, 2016), house values in Denver have hit yet another all - time high.
There have been growing worries that overheated prices in Vancouver and Toronto could be a problem for the broader economy, especially if there is a sudden decline in housing prices sparked by higher interest rates.
Chinese government data show that prices across 70 Chinese cities were 9.7 % higher in May than a year earlier, a larger year - over-year increase than the 9.3 % last September, when the current round of housing controls were instituted.
Meanwhile, if there has been any panic in the market, it's been among house hunters afraid of missing out on a chance to buy before prices rise higher — a sure sign of froth.
They were carried over from 2015 with no changes, because the Department of Housing and Urban Development (HUD) felt that home prices in these counties did not rise enough from year to year to warrant higher loan limits.
In the winter of 2017/2018 I see housing prices in mid-to-high end and high - end 10 % lower than they are now in places like SF, Honolulu, NYC, LA, London, Hong Kong, SingaporIn the winter of 2017/2018 I see housing prices in mid-to-high end and high - end 10 % lower than they are now in places like SF, Honolulu, NYC, LA, London, Hong Kong, Singaporin mid-to-high end and high - end 10 % lower than they are now in places like SF, Honolulu, NYC, LA, London, Hong Kong, Singaporin places like SF, Honolulu, NYC, LA, London, Hong Kong, Singapore.
In Denver and Boston, for example, home prices are now higher than the peaks reached during the housing bubble of the early to mid 2000s.
Household wealth rose by 5.1 per cent in the December quarter, reflecting rising house and share prices, to be 11.7 per cent higher over the year.
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