Balancing this, we will see moderately higher interest rates to thwart inflation, which will help keep a lid on
house price increases in most of 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.
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.
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.»
In particular, we analyzed whether people are more likely to consider housing a good investment if their friends experienced
recent house price increases and whether this affected their actual real estate investments.
«We have this constraint on the supply side, but at the same time, the local economies (in Toronto and Vancouver) have been very strong, generating a lot of jobs, attracting people to live in those markets, so there has been a lot of increase in demand in these markets, but without the supply, that demand goes
into house price increases.»
Clearly when you see prices rising in the 30 per cent range, it's difficult even when you look at underlying fundamentals to see how those could justify such
strong house price increases, which is the reason why we were saying that it looks like there are speculative forces at play.
Sources of upside risks to the inflation outlook include a stronger - than - expected construction sector and
continuing housing price increases, together with firmer conditions in the Australian labour market.
The North Bay real estate market is currently experiencing a bull market, with average
housing prices increasing from $ 232,534 in November 2015 to $ 233,933 in November 2016, a 3.5 % year - to - date increase.
Realtor Royal LePage is reporting today that average
housing prices increased between 2 and 4 % per cent in Q4 of 2012 compared with the year before, although prices declined in all three tracked categories of home (detached bungalows, standard two - storey and standard condominiums.)
According to the survey results, Canadians don't expect housing affordability to get better over the course of the next year — with two in three homeowners
anticipating house price increases in their area.
A mediocre C in momentum played a huge role in knocking its overall grade down to a B — its sliver -
thin house price increases in 2011 demonstrate that this city's real estate market is slowing down.
After a decade of record -
breaking house price increases, homeowners across the country are ready to cash in their chips and downsize to a smaller property to help bolster their nest eggs.
«Nevertheless, in the face of very tight housing supply, easing credit standards may fail to have the desired effect and could have the unintended consequence of fueling
further house price increases.»
Canada's housing affordability improved slightly in the third quarter of 2005 due to faster income growth in tightening labour markets and
slower house price increases, says the latest Housing Affordability Index released by RBC Economics.
Large swaths of the New Jersey and New York commuting belt have seen double - digit
house price increases over the last 12 months, for instance.
The commentary says that ways to assess the presence of a possible housing market bubble include looking at trends in
real housing price increases, housing prices relative to rent, housing prices relative to income, and mortgage payments as a share of income.
A new report by realty firm Re / Max Integra shows that 40 per cent of 65 districts within the Toronto Real Estate Board recorded
detached house price increases in the quarter ended June 30 compared with the first quarter of 2017, including almost half of all the districts in the 905 regions surrounding the city of Toronto.
Housing price increases now outpace the high salaries of tech engineers in San Francisco and even more - so in Los Angeles Four years ago, we hit a tipping point when for the first time since the 1920's, population growth in cities outpaced growth outside of cities.
Much of this is flowing into the housing sector and is fuelling a rate
of housing price increases of the order of 20 — 25 per cent around the country.
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.»