Sentences with phrase «house price»

Its Teranet - National Bank (NA.TO) house price index, a collaboration with Canada's sixth biggest bank, is a closely tracked economic indicator.
The chapter finds a striking increase in house price synchronization across the countries and cities.
Sadly though the median house price in Sydney (Australia) is $ 800K so the tenants rent doesn't fully cover our mortgage but it certainly does help.
If you like, you could further magnify the returns by shorting house price indexes or buying default swaps on the regions we heavily target or shorting the banks that have significant exposure in those regions as we would be increasing their default rate (note — need to investigate the short aspect for legality).
Eligible buyers who fit the county income limit and house price limit; open to first - time and repeat homebuyers.
By comparison, in 1989, this group on average had equity equal to 81 % of their house price, meaning that many could look forward to a retirement in which their mortgage was already paid off.
Area: 4C Average house price (2016): $ 197,644 3 - year - price change: 8.0 % Realtor grade: ★ ★ Get more stats on this neighbourhood.
Area: 5B Average house price (2016): $ 315,859 3 - year - price change: 12.1 % Realtor grade: ★ ★ ★ 1/2 Get more stats on this neighbourhood.
Just over two - thirds of this group owns a house, with an average equity stake that is a bit more than 30 % of the house price.
Year - over-year, the Teranet - National Bank House Price Index shows Calgary is up one per cent, while Edmonton has fallen 2.8 per cent.
Area: 1G Average house price (2016): $ 384,257 3 - year - price change: 13.2 % Realtor grade: ★ ★ ★ ★ Get more stats on this neighbourhood.
Area: 1Aw Average house price (2016): $ 223,642 3 - year - price change: 10.2 % Realtor grade: ★ ★ ★ Get more stats on this neighbourhood.
Area: 1Bw Average house price (2016): $ 289,214 3 - year - price change: 4.3 % Realtor grade: ★ ★ ★ ★ Get more stats on this neighbourhood.
As headlines trumpet house price gains each month, the anxiety surges.
The national average house price for homes sold in February 2018 was just over $ 494,000, down five per cent from a year earlier.
The company's latest House Price Survey, released Tuesday, found that most regions showed healthy year - over-year price growth, with the average price of a home in Canada rising between 2.5 per cent and 5.4 per cent
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 June.
«Although earning slightly more than their parents did in the 1980s, millennials need to pay more to get their foot in the housing door,» he said, adding that the average house price in 2011 was ten times the median salary of a young family.
Soper doesn't go that far, but does say, «we are past the period of peak house price appreciation.»
But before these home buying wannabes jump into the market, they may want to take a look at the latest Royal LePage House Price Survey, which lists average home price changes every quarter.
Despite the improvement in supply, the median house price increased 5.7 % from a year ago to $ 222,700 last month.
«The six - city Teranet National Bank House Price Index is estimated by tracking the observed or registered Canadian home prices over time which we've compared to the inverse of the Bank of Canada overnight lending rate.
In March the Teranet - National Bank National Composite House Price Index was essentially unchanged from the previous month.
If you're bearish on real estate — as we at Canadian Business have been for some time — the results of the latest Teranet - National Bank House Price Index, released today, may give you some grim satisfaction.
For March 2014, the national house price index was flat — which doesn't sound particularly alarming, until the authors point out that this is the first time in 15 years that house prices haven't increased in March, typically the kickoff of the important spring buying season.
This chart shows how the house price to earnings ratio is continuing to rise.
Or what the average house price is in Toronto?
The average UK house price is now at # 222,484, according to the Halifax.
«Overall, annual house price growth nationally is most likely expected to slow to 1 - 4 % by the end of 2017.
Area: Richmond Average house price (2016): $ 1,443,206 3 - year price change: 66.3 % Realtor grade (out of 5): ★ ★ ★ ★ 1/2 Get more stats on this neighbourhood.
«Unlike the United States before the crisis, the portfolios and business lines of large banks are well diversified, and stress tests suggest that banks have adequate capital and liquidity buffers to weather a large house price correction,» according to the FSR.
Area: Port Moody Average house price (2016): $ 1,438,059 3 - year price change: 57.5 % Realtor grade (out of 5): ★ ★ ★ ★ Get more stats on this neighbourhood.
Area: Port Coquitlam Average house price (2016): $ 835,865 3 - year price change: 97.1 % Realtor grade (out of 5): ★ ★ ★ 1/2 Get more stats on this neighbourhood.
This month, Canada's federal Finance Minister Bill Morneau requested a meeting with his Ontario counterpart, Charles Sousa, and Toronto Mayor John Tory to discuss the «dramatic house price increases.»
Area: Coquitlam Average house price (2016): $ 1,474,691 3 - year price change: 67.5 % Realtor grade (out of 5): ★ ★ ★ ★ Get more stats on this neighbourhood.
Among the top five richest neighbourhoods in British Columbia, this one boasts the highest average house price, at $ 3.08 million.
Area: Burnaby Average house price (2016): $ 1,390,000 3 - year price change: 63.9 % Realtor grade (out of 5): ★ ★ ★ 1/2 Get more stats on this neighbourhood.
But when it comes to the place to settle down, Deutsche Bank pointed to Wellington in New Zealand at the top of the quality - of - life index, based on eight variables: purchasing power, safety, healthcare, cost of living, house price - to - income, commuting time, pollution and climate.
New Zealand's central bank recently announced new macro - prudential tools aimed at curbing high - velocity house price growth.
The central bank maintained its long - standing prediction that regions experiencing elevated house price growth, such as British Columbia and Ontario, will face localized risks, but the most likely scenario remains a «soft landing» and stabilization of debt - to - income ratios.
The average home price fell by 8.5 % between August 2008 and March 2009, according to the Teranet - National Bank House Price Index, in a decline sparked by the financial crisis.
Among the dizzying house price surges in major cities, London climbed 20 percent over the past 12 months, while Dubai was up 36 percent.
The latest U.K. Halifax house price index showed a 3.8 percent increase on yearly figures in the three months to March.
The Duetsche Bank predictions came supported with charts and statements that show Canada's housing market is valued 35 % higher than the median house price (when compared to median household income) and 91 % when compared to average rental rates.
Even a slowdown in house price appreciation, let alone a correction, would bring an end to that.
It creates a «median multiple» by dividing the median house price in a given market by the median household income.
Western Australia's house price index has risen 2.7 per cent in the June quarter, in line with the national upward trend, the Australian Bureau of Statistics said today.
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.
After years of brushing off warnings about the danger of runaway house prices in Canada's hottest markets, the banks are waking up to the risks
The Canadian core CPI similarly is not influenced by house prices.
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