Sentences with phrase «homebuyer demand»
"Homebuyer demand" refers to the level of interest and desire among people who want to buy homes. It represents how many people are actively looking and willing to purchase a house. Full definition
Our data across multiple measures point to a consistent theme: our next - gen homebuyers demand mobility and flexibility.
valueinsured.com
This represents the lowest level of homebuyer demand in 11 months and the largest month - over-month decline on record for the Demand Index, for which Redfin has data going back to January 2013.
This represents the lowest level of homebuyer demand in 11 months and the largest month - over-month decline on record for the Demand Index, for which Redfin has data going back to January 2013.
As homebuyer demand continues to outpace supply, a new Zillow analysis found that there are 12 % more fixer - upper homes on the market now than there were five years ago.
As homebuyer demand continues, May saw a 10.3 % jump in sales over April and a 5.1 % increase over May last year, which is slightly higher than the average year - over-year sales increase of 4.5 % so far in 2016.
«The stock market's climb to new record highs, the continued stretch of outstanding job growth and mortgage rates under 4 percent kept homebuyer demand at a very robust level throughout the summer,» says Lawrence Yun, chief economist at NAR.
«Moving forward, low interest rates and affordable prices will continue to keep homebuyer demand strong.»
Home prices rise, home inventory fluctuates, homebuyer demand increases — timing is a big part of homebuying and home financing.
We expect to see more listings hit the market this spring, but there will still not be enough inventory to match homebuyer demand.»
Homebuyer demand rose sharply in February from a year ago, according to a monthly survey by Redfin, a real estate brokerage.
RBC says that virtually all other markets across Canada stand at levels close to historical averages, which indicates that negative affordability - related pressures should not impact homebuyer demand at this stage.
Now, healthy homebuyer demand is being driven largely by a stable economy and demographic tailwinds, which is exactly what we would expect in a healthy market.
«The expanding economy and healthy job market are generating sizeable homebuyer demand, but the miniscule number of listings on the market and its adverse effect on affordability are squeezing buyers and suppressing overall activity.»
RFS uniquely features the most critical information homebuyers demand, such as schools nearby (including rankings), demographics and crime rates in the neighbourhood.
2016 was a hot year in the real estate market with high homebuyer demand, low inventory and historically low mortgage rates throughout the majority of the year.
The increase in homebuyer demand seen in January paired with a nation - wide inventory shortage has created an extreme seller's market, the brokerage said.
At the end of the day, there are still plenty of great deals to be had across the country, investors looking for decent return, and pent up homebuyer demand on the verge of materializing.»
«The expanding economy and healthy job market are generating sizable homebuyer demand, but the minuscule number of listings on the market and its adverse effect on affordability are squeezing buyers and suppressing overall activity.»
«We believe price increases will hold steady despite slowing sales growth, because homebuyer demand is stronger now than it was at the same time last year, and because we foresee a small uptick in homes for sale,» said Nela Richardson, chief economist at real estate brokerage Redfin.
While low interest rates have been fueling homebuyer demand and thereby, home prices, rates have been trending slightly higher in recent weeks.
As homebuyer demand continues, May saw a 10.3 % jump in sales over April and a 5.1 % increase over May last year, which is slightly...
It adds that rising rates would erode housing affordability across Canada and weigh on homebuyer demand; though continued growth in household income would somewhat offset the impact.