Sentences with phrase «homeownership affordability levels»
«Consumers may recognize that today's still favorable mortgage rates and homeownership affordability levels will recede over time.
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«Solid economic conditions and millennials in their prime buying years should be translating to a lot more sales to first - timers, but the unfortunate reality is that the nation's homeownership rate will remain suppressed until entry - level supply conditions increase enough to improve overall affordability,» says Yun.
Homeownership has moved further out of reach, with affordability measured in the ATTOM Data Solutions Q4 2016 Home Affordability Index falling steeply in the fourth quarter to its lowest leveaffordability measured in the ATTOM Data Solutions Q4 2016 Home Affordability Index falling steeply in the fourth quarter to its lowest leveAffordability Index falling steeply in the fourth quarter to its lowest level since 2008.
All affordability measures are now below historic averages, says the report, indicating that homeownership costs are at attractive levels in the province.