Sentences with phrase «household debt levels»

Signs of stress are already evident, especially when you look at household debt levels.

So just how are mortgage delinquency rates so incredibly low at a time when household debt levels relative to incomes have never been higher?

So just how are mortgage delinquency rates so incredibly low at a time when household debt levels relative to incomes have never been higher?

But the central bank has argued that the likelihood of household debt levels becoming a serious problem remains low and the situation is likely to improve once the economy starts to recover.

The possibility of an increase in the prime rate offered by lenders comes as household debt levels sit near record highs.

One was to send household debt levels up to nearly 150 % of income, a record.

On the domestic front, elevated household debt levels continue to be a concern and would deter the central bank from cutting rates further.

In this day and age of low interest rates and unprecedented household debt levels this concept of millionaires living modestly is probably even more likely to be true.

Recent studies show household debt levels at all time highs, and increasing.

During 2012, households will need to find their equilibrium between household debt levels and consumption.

Signs of stress are already evident, especially when you look at household debt levels.

At a time when Canadians are grappling with historically high household debt levels — upwards of 163 per cent according to Statistics Canada — young adults are feeling insecure about their knowledge of the financial implications of homeownership.

Bank of Canada Governor Mark Carney has issued his third warning on Canadian household debt levels in less than a week, adding Tuesday that borrowing in this country has entered «uncharted territory».

While household debt levels in Australia and the US are broadly comparable, the composition and distribution of the debt is not.

Canadian household debt levels hit record highs again, raising alarms as to how many more Canadians will soon find themselves unable to pay their debts.

And even in the U.S., where household debt levels have been reduced, leverage remains higher than at the start of previous tightening cycle.

Minister of Finance Bill Morneau is trying to balance soaring household debt levels against the need for strength in consumer spending.

I believe that Canada's high house prices in relation to incomes, combined with record household debt levels and overinvestment in residential construction, will cause a severe correction in the real estate market.

Risks associated with the Consumer Discretionary sector include, among others, apparel price deflation due to low - cost entries, high inventory levels and pressure from e-commerce players; reduction in traditional advertising dollars; increasing household debt levels that could limit consumer appetite for discretionary purchases; declining consumer acceptance of new product introductions; and geopolitical uncertainty that could impact consumer sentiment.

This he presents unequivocally as good news, since it suggests an easing of high, mortgage - driven household debt levels that have been among Carney's more acute longstanding concerns about the Canadian economy.

And by that we mean bring an end to double - digit price gains, bring about a steep correction in house prices to levels the city's lowly middle - class incomes can afford, bring about an end to staggering household debt levels and ultimately, bring about the end of housing as the economy's engine of growth?

(4) Of course, in this day and age, surging consumer spending and household debt levels go hand - in - hand and Iceland doesn't disappoint in this regard as household debt grew to 270 % of disposable income in 2010, up from 217 % in 2007 and about 50 % in the 1980s.

Still, the Bank of Canada has described the country's mounting household debt level as the most important vulnerability in the financial system's armour — and this susceptibility has continued to grow.

The lower rates came at a time when Ottawa is trying to warn consumers against taking on too much debt, worried that household debt levels across the country are rising too quickly.

The Bank of Canada has been repeating warnings about dangerous household debt levels for months, however data released on Tuesday shows that people might finally be starting to get the message.

On the best and worst jobs in Canada, where the world's happiest employees live and easing household debt levels.

At the same time, it warned risks remain elevated, particularly high household debt levels, and measures to rein in loans to the most highly indebted households will take time to work.

The move was a response to growing concerns about rising household debt levels, which are at record highs relative to income, and soaring home prices, particularly in Toronto and Vancouver.

While household debt levels in the UK and US have declined since the 2008 financial crisis, levels in Australia have continued to rise.

Low oil prices have taken their toll on an already weak Canadian economy, where household debt levels are at record highs and business investment continues to lag.

But early last year, worried by soaring household debt levels, it began warning its next move would be a rate hike and that Canadians should plan accordingly.

Take away: Media reports points out that Australia is well above their neighbors in terms of household debt levels.

Nora explains that although we collect data about Canadian household debt levels, that data is lacking because

It was the clearest statement yet that the central bank's controversial decision to keep interest rates ultra-low won't be altered over worries about a housing bubble or rising household debt levels.

On the question of Canada's frothy housing market and sky - high household debt levels, he's been nothing if not consistent.

«I will continue to act to ensure that household debt levels are sustainable, that lenders are acting prudently, and that increases in interest rates or a housing market downturn don't put at risk the economic growth we are working so hard to accelerate,» Morneau said.

Earlier this month, the Organization for Economic Co-operation and Development urged Ottawa to introduce new measures to reduce some of the risk associated with soaring home prices and household debt levels in Toronto and Vancouver.

«Domestically, the household debt level is quite high,» said Wong, a member of the opposition Parti Keadilan Rakyat (PKR).

Analysts expect authorities to step up their efforts this year, focusing on local government debt, rising corporate and household debt levels and dealing with «zombie» companies.

Retail sales have grown for 14 consecutive months and household debt levels have fallen.

During that period, retailers were caught with large levels of excess inventories as the financial crisis prompted consumers to cut spending, reduce their household debt levels and get their budgets under control.

As prices have kept rising, Canadians have eagerly taken on mortgages, and household debt levels have soared to record levels.

Bank of Canada governor Stephen Poloz said he expects the nation's high household debt levels will persist for years.

Mr Elliott was optimistic about the economy but also expressed caution about household debt levels, which he said was still increasing albeit at a lower rate.

With bankrupt Governments (State and Federal), a bankrupt pension system, a broken healthcare system, all - time high corporate and household debt levels and a broken political and legal system, the U.S. is slowly collapsing.

And yet our pumped - up housing market and household debt levels are the greatest threats we face.

Could be high household debt levels, BMO said.

«I will continue to act to ensure that household debt levels are sustainable, that lenders are acting prudently and that increases in interest rates or a housing market downturn don't risk the economic growth we are working so hard to accelerate,» Morneau said in a speech to the Toronto Region Board of Trade.

This projected stabilization extends to the housing market and household debt levels — mainly because of the projected uptick in interest rates that analysts predict will come in as early as 2016.