Sentences with phrase «house price increased by»

The average house price increased by more than 4 % to $ 795,900, according to our list, allowing Vancouver to firmly secure its place as the most expensive housing market in the country.

«UK average house prices increased by 8.1 % in the year to May 2016, according to the latest House Price Index from the ONS and Land Registry, revealing continually strong growth in the housing market in the pre-Brexit climate.

Not exact matches

Reliable housing market statistics are hard to come by, but a number of private surveys of home prices in various cities now suggest at least a halt to the 20 % annual increases, and in some cases precipitous drops.

While some housing market trackers report a slowdown — price increases averaging in the single digits year over year, compared with 15 - 30 % in recent years — in the nine cities tracked by market research firm Dragonomics, prices were down 4.9 % in April compared to a year earlier.

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).

Despite Swann's success, the idea didn't really take off in urban areas in America until the 1980s, when rapidly increasing real - estate prices began shutting many out of homeownership, according to Reinventing Real Estate: The Community Land Trust as A Social Invention in Affordable Housing, by James Meehan.

* Several factors could lift housing prices: An increase in potential home buyers, fueled by the growing ranks of Millennials — those born between 1980 and the early 2000s — poised to form their own households, combined with a near - historic lack of single - family homes for sale and growing access to mortgage credit.

In the housing market, this increase in prices was helped along by the relaxation of loan underwriting standards, which made it easier to obtain a mortgage and become a homeowner.

Housing prices surged ever higher as greater credit availability increased the demand for homes by bringing a greater number of buyers into the market.

The left - leaning think tank said the finding was «worrisome» because Toronto and Vancouver have seen some of the biggest increases in cost of living over the same period, with the price of houses, in particular, skyrocketing by 37 per cent in Toronto and 62 per cent in Vancouver.

I live in a low almost deflationary enviroment (Europe) and was checking out some retirement software and something keep throwing me off, took me a bit to figure it out but it was inflation, like WTF is that and then I remembered I lived in Spain during the housing bust and now in Germany with negative real interest rates and I'm simply not used the idea that prices increase each year simply because time goes by.

Other specific factors to have contributed to the CPI increase over the past year have been large increases in insurance and tobacco prices, much of which were tax - related, and house purchase prices, which have been partly driven by strength in housing demand attempting to avoid the GST (and accommodated by easy credit availability).

The Bank of Canada has been rather vocal about the potential for a «serious, widespread correction in house prices resulting from a sharp increase in unemployment,» and Fitch has warned that housing prices may be overvalued by 20 % across Canada.

As Australian housing prices have climbed, new buyers are increasingly choosing more modestly priced condominiums over single - family homes, and developers are obliging by increasing the stock.

Property prices with increase by between 24 % and 30 % over the next five years, leading agents Chesterton Humberts and Knight Frank predict Two more agents have produced upbeat forecasts of the UK housing market — with rise of 24 % -30 % in the next five years and increases in prime London by almost a half..

Global property prices increased by 6.6 percent in the year to March, the highest rate since the second quarter of 2010, according to the Knight Frank Global House Index released today.

Between August 2012 and December 2013, housing market has been recovering with big increases in home prices, however, disposable personal income has been decreasing for the entire year of 2013 and dropped by 4.8 % in the last month of 2013.

This transient view of inflation ignores the fact that if wages / salaries didn't increase by 100 % over the 3 year timeframe in my example then people are permanently affected by the increase in house prices (unless and until their wages catch up).

Growth has been underpinned by a number of factors, including a high level of consumer confidence, a decline in the unemployment rate, favourable financial conditions and increases in wealth, fostered by rising housing prices.

The buoyancy of consumer spending is being supported by rising household wealth, driven in large part by continuing increases in house prices.

Non-tradables price inflation continues to be affected by strength in house purchase costs, which increased by 5 1/2 per cent over the year; this increase is the result of rising costs of skilled labour and materials.

Consumption was also supported by an increase in household net wealth in the December quarter of 4.2 per cent, driven by a substantial increase in the value of equities and rapid growth in house prices.

An additional consideration in this environment was the risk to the economy posed by the build - up of household debt and the associated increases in house prices.

An important factor contributing to this outcome has been the increase in housing - related prices, which overall were up by 4.7 per cent in year - ended terms.

More broadly, the ratings agency predicts that U.S. home prices will increase by 4.5 % in 2016, and that «nominal prices will approach levels reached during the 2006 housing bubble.»

Seventy - nine of those metro - sized housing markets (or 91 %) had experienced a year - over-year increase in median home prices by the end of 2015.

According to the press release, «ACCC enquiries have revealed evidence that Coles» purpose in reducing the price of its house brand milk was to increase its market share by taking sales from its supermarket competitors including Woolworths.

We think there is a case to be made, which we made very effectively, for making sure inheritance tax doesn't catch people who have been caught by house price increases.

In a scathing assessment, the OBR said: «We have assumed that the cost of introducing the relief will be to increase house prices - in this case by around 0.3 %....

Noting that housing prices in the neighborhood have increased dramatically while developers have built new condos there, she said residents would be negatively affected by the plan.

Responding to the statistics released today showing that the average House Price had increased by 1.0 % over the last 12 months, the Welsh Liberal Democrats Housing Spokesperson, Peter Black, has called on the Welsh Labour Government to get the Help to Buy Cymru scheme up and running as soon as possible.

Last year's cut in stamp duty to help first - time buyers get on the housing ladder is likely to increase prices by at least the amount the reduction is intended to save, MPs said.

Centex Homes reports that photovoltaic arrays and a full complement of energy - efficiency upgrades will increase the price of a luxury house by about $ 30,000.

The results of the study, co-authored with Dr Lorenzo Neri from QMUL, show that a three percentage point increase (from a baseline of 26 per cent) in the number of students who perform above expectations at Key Stage 2 increases local house prices by 1.5 per cent.

Grade inflation at English primary schools can increase the price of surrounding houses by up to # 7,000, according to early research from economists at Queen Mary University of London (QMUL).

He says that in these areas the combined grade inflation of more than one school can increase house prices by three per cent, or # 7,000.

Even if we exclude the mortgage borrowing, which has a more ambiguous affect on long - term wealth given that house prices may appreciate by more than interest and depreciation, even just the auto loan increases exceeded the amount by which employees increased their savings.

«Confidence in providing access to ebooks has been dented quite a bit with the recent Penguin situation and the 300 percent price increase for Random House titles,» says Chandler by email.

House Prices Will Decrease in 2015 But They Will Increase by Late - 2015 After two years of abnormally high house rates in 2010 to 2014, housing rates will decrease in House Prices Will Decrease in 2015 But They Will Increase by Late - 2015 After two years of abnormally high house rates in 2010 to 2014, housing rates will decrease in house rates in 2010 to 2014, housing rates will decrease in 2015.

«Most often, average home prices increase more in areas where there is new high density development than in areas where there is not, according to research in seven communities done by the BC Housing Policy Branch.»

That trend was confirmed by the latest Teranet - national Bank composite house index, which showed overall prices increasing 0.8 per cent in May over April, with gains in Hamilton, Ont., Quebec City and Toronto, Calgary, Edmonton, Montreal and Halifax.

Between 1998 and 2006, the price of the typical American house increased by 124 %.

As a result, Ontario's major housing markets are expected to see continued price appreciation in the year to come, led by double - digit home price increases in the GTA.

Nothaft put the mortgage rate increases into perspective: «For example, with fixed - rate loan rates up by 0.5 [percentage point] since last summer, and house prices in national indexes up at least 5 percnet, the monthly principal and interest payment is more than 10 percent higher than it was last summer, adding to affordability challenges for first - time buyers.»

The increase in housing prices has been heavily influenced by the Bank's near - record low 1 % interest rate, as more and more first time buyers and real estate investors take advantage of low mortgage rates.

As a ballpark quick way to think about it, every rate increase of 1 % will lower the maximum house price by 10 %.

While housing prices kept rising, aided by increasing buying power facilitated by poorly underwritten loans, the mortgage insurers happily clipped profits; their greatest worry was the banks eating their business through second lien loans.

This is because according to the latest statistics it shows that the housing prices have been growing on a double digit in the past few years, since last year the real estate market has been rising by 11.5 % and thus making the price aggregate of houses in the area increase from $ 650,432 to 476,134.

The plan, which is designed to help address the adverse economic conditions affecting many communities across America, will help break the cycle of house price depreciation that is being caused by an increasing number of foreclosures and the overall contraction in the credit market.

And this is true as housing prices have been rising in the past years and from a recent survey conducted it was found that the average price of a home in this region has been increasing by seven percent year after year.