Sentences with phrase «housing market increases»

This is important given the impact housing has on the overall Canadian economy whereas a robust housing market increases consumer confidence which is a significant component of the nation's GDP.

Otherwise your risks in the housing market increase.

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.

There has also been increased interest in North Korea's housing market from Chinese buyers, particularly in Pyongyang and Wonsan, though no deals have yet been made, according to Reuters.

The Central Counterparty Clearing House (CCP) is designed to try to further strengthen the Saudi market's infrastructure and help increase the exchange's operational efficiency.

Huawei has faced increasing headwinds in its push to make inroads in the U.S. market, as the White House and Republican lawmakers target Chinese tech companies, citing national security concerns.

Historically, job increases and wage gains have buoyed the housing market and served as an offset to rising mortgage rates, warding off extreme scenarios such as plunging house prices.

Average home price (2014): $ 387,492 Time to buy in years: 3.7 5 - year price appreciation: 3.7 % Average 5 - year rent increase: 13 % Previous year's unemployment rate (2013): 7.9 % Get more details on Durham / Oshawa's housing market.

Average home price (2014): $ 338,624 Time to buy in years: 3.7 5 - year price appreciation: 5.7 % Average 5 - year rent increase: 16 % Previous year's unemployment rate (2013): 5.8 % Get more details on Barrie's housing market.

Average home price (2014): $ 357,569 Time to buy in years: 3.7 5 - year price appreciation: 5.7 % Average 5 - year rent increase: 12 % Previous year's unemployment rate (2013): 6.7 % Get more details on Guelph's housing market.

«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.

Average home price (2014): $ 275,622 Time to buy in years: 3.4 5 - year price appreciation: 5.0 % Average 5 - year rent increase: 14 % Previous year's unemployment rate (2013): 6 % Get more details on Brantford's housing market.

Average home price (2014): $ 405,619 Time to buy in years: 4.4 5 - year price appreciation: 6.7 % Average 5 - year rent increase: 15 % Previous year's unemployment rate (2013): 6 % Get more details on Hamilton's housing market.

Average home price (2014): $ 459,980 Time to buy in years: 3.7 5 - year price appreciation: 4.6 % Average 5 - year rent increase: 22 % Previous year's unemployment rate (2013): 5.5 % Get more details on Calgary housing market.

Average home price (2014): $ 314,319 Time to buy in years: 3.3 5 - year price appreciation: 4.4 % Average 5 - year rent increase: 30 % Previous year's unemployment rate (2013): 2.8 % Get more details on Regina's housing market.

All agreed that increasing housing supply and growing debt means the market is reaching its peak.

«Because we are in the hospitality and recreation business, which is largely dependent on discretionary spending,» the company's latest financial report explains, «we believe that the weak housing market, increases in unemployment, decreases in air flights to Las Vegas, decreases in the value of stock and other investments, and the general tightening of spending on business travel have all affected visitations to Las Vegas and the spending budget of our customers.»

A report from CIBC World Markets recently predicted the stock market might fall 10 % — 15 % this summer due to a confluence of factors, including a weak U.S. housing market, increasing fiscal strain, expensive oil prices, sluggish corporate earnings growth and disruptions in global supply chains stemming from the Japanese crisis.

In the housing market, they have experienced hardships that have made purchasing a home more difficult: mounting student loans, flat wages, and increased rent prices, making the saving process even more challenging.

They had increased 1.2 percent in May and have been boosted by the housing market recovery.

The million - dollar housing market in Irvine picked up slightly in 2017, with an increase of 2.2 percent.

Increasing short - term corporate rentals that go for above - market rent could make affordable permanent rental options in a pressurized housing market such as San Francisco's even more scarce.

But unlike America's latest housing market bubble, which saw the supply of new homes rise rapidly as investors banked on new mortgages, there is no increase in the supply of farmland.

This is causing an increase in housing inventory that is causing concern for the real estate market.

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.

New Zealand's booming housing prices are now 45.4 % above the previous market peak of late 2007, and officials warn the rapid increases pose a risk to financial stability.

With the large number of houses on the market in Michigan right now and the difficulty in selling a house, the number of rental units on the market is increasing — probably faster than the pool of potential tenants.

Of the 10 housing markets with the largest year - over-year increase in flips, seven are in the South and the other three in the Midwest.

An increase in mortgage debt is only worrisome in housing markets that have lost touch with income trajectories.

A key part of the negative reaction has been based on fears that interest free grants will increase housing prices and drive a further wedge between incomes and housing costs, a divide already plaguing the Vancouver and lower mainland markets.

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.

«Equity has substantially increased and people are seeing that they may want to improve or upgrade,» says Pava Leyrer, chief operating officer of Northern Mortgage, «as opposed to trying to find a house [in a market with] limited supply right now, even if they could sell theirs quickly for more.»

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

Low supply, high demand and increased prices cast a long shadow over the housing market — and it could get worse.

Mortgage rates have steadily climbed amid a sell - off in the bond market, and there are signs that the increase could be slowing the housing recovery.

This gain reflects continued increases in housing wealth due to rising house prices in many areas of the country, as well as steady gains in the stock market.

There was more good news coming out of the housing market yesterday, with the Commerce Department announcing that new residential construction projects, called housing starts, increased by 15 % in September compared to the prior

The increase was the most pronounced for non-agency mortgage - backed securities, reflecting improvements in US housing and mortgage markets.

As larger metros with high vacancy rates, Philadelphia and Detroit have a significant amount of slack in their housing market, helping protect these cities from more significant rent increases.

Because the long - run trend in mortgage interest rates has been downward, from a peak of 18 percent in 1981, the housing market has benefited from consistently increasing house - buying power.

In a late - October statement, the Fed dropped prior references to the risks to US growth and inflation stemming from skittish financial markets and a sluggish global economy, and it singled out solid increases in the domestic US economy in areas such as spending and investment, along with further improvement in the housing market.

Steadily increasing home values, combined with «flat» or slower - rising rent costs, are shifting the rent - versus - buy equation in many of the largest housing markets across the country.

Looking forward, however, Zillow's forecast calls for a more modest 1.1 % price increase for the Danville housing market.

They've done this to increase access to credit and spur the housing market toward recovery.

«These things push up home values based on increased demand, which is great for some folks, but it's not great news for existing residents hoping to get into the housing market who aren't on Amazon salaries,» he says.

Professor Robert Shiller, Professor of Economics at Yale University, and David Blitzer, Managing Director and Chairman of the Index Committee at S&P Dow Jones Indices, discussed the overall health of the U.S. residential housing market and those factors that could impact the pace of recent home price increases during a live S&P Dow Jones Indices -LSB-...]

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..

When interest rates increase relatively quickly in a short period of time it typically results in a short term increase in the number of sales in the housing market as many buyers rush to buy before the interest guarantee they have with their mortgage pre-approval expires.

In addition, it is likely that lenders did not account for the risk of contagion in housing markets — that weak house price growth would significantly increase the likelihood that borrowers would default.

As part of the downside risks, they include the possibility of further increases in oil and commodity prices; a stronger - than - anticipated slowdown in China; the unsettled fiscal situation in the United States and Japan; and the renewed weakness in housing markets in many OECD countries.