Not exact matches
Canada
currently supplies over 1/3 of U.S. lumber consumption and if the current rate of
growth in
housing starts continues, the U.S. will need to increasingly rely on higher -
priced imported lumber from outside of North America to fulfill their needs if they impose a quota restriction on Canadian lumber.
Geffen says even mild national economic
growth, which the Reserve Bank's Monetary Policy Committee
currently predicts will be 0 % in 2016, would create more stability in the residential property market beyond the borders of the Western Cape and further drive
house price inflation.
The findings revealed that homebuilding activity is
currently insufficient in a majority of metro areas and is contributing to the ongoing
housing shortages and unhealthy
price growth in many markets.
Currently, payment - to - income ratios are only 60 percent of the level we had in 1999 suggesting room for continued
house price growth.
Despite positive improvements in the labor market in recent years, new home construction is
currently insufficient in a majority of metro areas and is contributing to persistent
housing shortages and unhealthy
price growth in many markets, according to new research from the National Association of REALTORS ®.