Sentences with phrase «home resale»
"Home resale" refers to the process of selling a home that has already been purchased or previously owned by someone else. Full definition
Although cars are much different than homes, the findings provide clues into housing preferences and home resale values.
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Since then, home resale activity has fallen 8.3 per cent and housing starts by 15 per cent.
Following this change in home sales pace, Toronto home resale market turned from very tight to balanced.
«Overall, 2017 was a strong year for single - family home resales in Florida,» says Dr. Brad O'Connor, chief economist for Florida Realtors ®.
OPINION: The recent loosening of the Toronto home resale market translated into Toronto's HPI dropping in August.
But new investment in residential construction fell in the first half of 2008, and average home resale prices in August fell by five per cent compared to a year earlier.
In Vancouver proper during the same time period, average home resale values have jumped by a whopping 211 per cent.
The number of home resales now stands at its lowest level since September 2015.
A report showing U.S. home resales unexpectedly fell in December added to volatility and pressure on the euro and dollar though the data was not seen as enough to derail the boost housing will likely provide to the economy this year.
With that being said, Canadian home resale prices edged slightly higher in August over July numbers.
Home resales boomed in March, up 4.4 percent to a much higher - than - expected annualized rate of 5.710 million, the best rate since February 2007.
TSF cites a study by Lawrence Berkeley National Laboratory showing home resale values increase $ 17,000 with a solar system, and a DOE finding that homes with solar sell twice as fast as homes without solar — in any real estate market setting.
The provincial housing market rebounded strongly in the second quarter with home resales jumping to a new record - high.
Beyond environmental benefits, HOA solar installations could also increase home resale values.
U.S. home resales rebounded more than expected in March, suggesting the housing market recovery remained intact despite signs that economic growth probably stalled in the first quarter.
In May and June, Canada's home resales picked up and contributed to a 9.4 per cent seasonally - adjusted advance in the second quarter, which was the strongest quarterly gain in nearly four years.
New homes on average are more expensive than existing home resales.
OTTAWA - Canadian home resales dipped last month for the first time since February in what many see as a signal that a so - called correction in the housing market remains in place.
Vancouver remains the red - hot leader with year - over-year (y / y) price gains of 20.6 % and home resales growth of an eye - popping 32.1 %.
The study looks at the 2015 intergenerational home resale market in Quebec and compares it to the conventional single - family home market.
Adoption of a flat tax without the mortgage interest and property tax deductions would mean 19 percent fewer home resales and would push down the market value of all homes by about 15 percent, according to a study for NAR by the economic consulting firm of DRI / McGraw Hill.
REALTOR Magazine is the award - winning magazine of the NATIONAL ASSOCIATION OF REALTORS ®, Chicago, Ill. eNeighborhoods for Realty, a product of iPlace, Langhorne, Pa., is the most comprehensive database of home resale information and neighborhood information in the country.
It was great timing to read that home sales rose in April to «the fourth - highest level of activity ever recorded» in «Home Resales Stay on Roll» (REALTOR ® Magazine Online News, May 27, 2003).
Speaking at a real estate trends forum in Toronto, Warren said, «Warmed by mild winter temperatures, housing starts in January jumped to a two - and - a-half year high while home resales climbed to a new record.»
Home resales surged last month, homebuilder sentiment jumped to a six - year high in September and home prices in 20 major metropolitan areas rose in July for a sixth straight month, recent reports have shown.
The strength of Vancouver's index is consistent with continued tight home resale market conditions.
Grand Rapids was at the bottom of the price scale, while Louisville, Ky., had a median home resale price of $ 52,100; Toledo, Ohio, $ 53,700; Akron, Ohio, $ 54,700 and Buffalo and Niagara Falls, N.Y., $ 55,600.
«Housing demand is relatively good, so we'll see annual home resales reach from 3.5 million to 3.8 million units.
U.S. home resales volumes fell more than expected in June as a dearth of properties pushed house prices to a record high.
Higher mortgage rates have slowed the pace of home resales since August, but activity is expected to accelerate next year, driven in part by employment gains.
As the New York Times and Washington Post have reported, for - profit Wall Street Home Resale Fees diminish the property rights of homeowners and force them to pay for the right to sell their own property.
Following this change in home sales pace, Toronto home resale market turned from very tight to balanced.
The federal Liberal government's tighter new mortgage rules seemed to do little to slow Greater Toronto's housing market in November, with the city's average home resale price soaring 22.7 per cent compared to a year earlier.
The fact is that Vancouver's home resale market remained tight even after the introduction of a tax on acquisitions by foreigners (middle chart).
Home resales boomed by 4.4 percent in March, the best month - to - date since February 2007.
By skyfinancial 2017-01-04T01:02:19 +00:00 November 25th, 2013 Categories: Economy Tags: Best interest rate, best rate, Calgary, Canadian home resale, Canadian Housing Market, Canadian real estate, Cold Lake, Edmonton, first - time homebuyers, fixed mortgage rates, Fort McMurray, Housing Market, Moose Jaw Swift Current, Mortgage, Mortgage Brroker, Mortgage Centre Edmonton, mortgage rules, Saskatoon, sky financial Corporation, Toronto, Vancouver
To give you an idea of what you can buy in each of these cities for around $ 370,000 — the average home resale price in Canada — we've included photos and descriptions of recently listed homes.
The Canadian Real Estate Association (CREA) announced that home resales in Canada soared 73 per cent last month from last year; showing the resiliency of -LSB-...]
Home resale values are currently experiencing a 9.5 - year high, with single - family homes experiencing a significant boost in June.
Home resales were already on a downward track before the British Columbia government introduced a 15 per cent tax on home purchases by foreign nationals in Metro Vancouver, and area resales could see further significant weakness in the near term if there is a sharp downgrading of future price expectations and a drop in speculative activity.
According to the National Association of REALTORS ®, roughly 1 - in - 4 home resales are purchased using cash.
Successive month - to - month advances in home resales and housing starts this spring seemingly marked an end to the cooling of -LSB-...]