Sentences with phrase «home prices in the city remain»

Yet home prices in the city remain exceptionally affordable: The average 2015 home cost just under $ 216,000, a little over two and a half times the average household income.

Not exact matches

Whereas huge swaths of the country remain hobbled by scarce credit, depressed home prices, and high levels of unemployment, the technology hubs in Silicon Valley, Boston, and New York City are booming.

Today it remains a landmark collection of some of the best examples of mid-century modern architecture in the city, and it has the real estate prices to prove it, with average home prices of almost $ 2.4 million.

Despite all of that, this city remains one of the most affordable in the country, with the current median home price in the city at about $ 110,827.

The GTA, the province's largest market, saw notable year - over-year home price appreciation of 10.2 % to a median price of $ 656,365, while home price appreciation in the city of Toronto remained in - line with recent quarters, rising 8.4 % to $ 680,096.

Economic growth in the region is likely to be positive in 2017, but slightly below the Canadian average, with home prices expected to remain relatively flat in the province's two largest cities.

Despite economic challenges, home prices in the fourth quarter remained stable in the province's largest cities, with the aggregate price of a home in Saskatoon down 0.4 % year - over-year to $ 366,933, while the aggregate price of a home in Regina increased 2.6 % to $ 340,684.

But when new housing is proposed, those who stand to gain from it most often do not live in the city where it is proposed — they include renters and future homeowners throughout the metro who would benefit from slower housing price growth, and whose ability to remain in the metro diminishes when rents and home values rise.

The growth in national home prices was not driven by Vancouver this time, with that city's prices remaining flat after 12 months in a row of increases.

As home sales in Toronto and Vancouver continue to hit record levels, the real estate sector in Canada's second - largest city remains an outlier, with prices almost $ 100,000 less than the national average.

The survey of typical homes in 198 neighbourhoods within 66 cities across Canada shows that prices over the past year have increased in 167 neighbourhoods, remained flat in nine neighbourhoods and declined in 21 neighbourhoods.