Sentences with phrase «housing sales momentum»
Given the large inventory of unsold housing, strong housing sales momentum for a sustained period was needed before housing construction could recover meaningfully, according to Oxford Economics.
https://www.cnbc.com/ Not exact matches
In fact, the momentum scores for both cities seem to bear that trend out: Ottawa and Guelph are entering a cooling phase, and the average number of real estate sales compared to listings in both cities is starting to decline — a clear sign of a weakening housing market.
As these condos in the construction pipeline are completed, this inventory of units will be dumped on to the rental and / or re-sale market just as sales momentum and housing demand ebbs.
It's clear that low mortgage rates are spurring housing demand in Canada's biggest city, even as other metro areas struggle to maintain sales and price momentum.
The Note 7 is now back on sale in the US but having left destroyed cars, injured users and even a burnt down house in its wake, the phone may never gain back the momentum it had.
«While the housing market gained a little more momentum last month, sales are still below year ago levels because low inventory is limiting choices for prospective buyers and keeping price growth elevated.»
«While the housing market gained a little more momentum last month, sales are still below year - ago levels because low inventory is limiting choices for prospective buyers and keeping price growth elevated.»
Strong job gains and an unemployment rate well off its peak, accumulating momentum in recent housing starts and sales, as well as a rebound in retail sales after a slow first quarter combine to point to consumers gaining confidence in the economic recovery.
RCLCO developed a momentum index to identify for - sale housing markets with the most momentum, because local fundamentals tend to have greater cyclical impacts than those of national or regional fundamentals.
Dr. Lawrence Yun, NAR Chief Economist said, «While the housing market gained a little more momentum last month, sales are still below year ago levels because low inventory is limiting choices for prospective buyers and keeping price growth elevated.»
Historic housing sales levels, strong demand and continued momentum in the market have also helped to bolster our aggressive expansion plans.»
Housing sales usually level off in the summer and then regain momentum in September and October.
The for - sale housing market will lose momentum in the years ahead if millennials don't transition into homeownership (or back into homeownership in the case of Gen X) in order to support the resale of homes by their older counterparts.
Cambridge, MA - The fledgling U.S. housing recovery lost momentum last year as homeownership rates continued to fall, single - family construction remained near historic lows, and existing home sales cooled, concludes The State of the Nation's Housing report released today by the Joint Center for Housing Studies of Harvard Univhousing recovery lost momentum last year as homeownership rates continued to fall, single - family construction remained near historic lows, and existing home sales cooled, concludes The State of the Nation's Housing report released today by the Joint Center for Housing Studies of Harvard UnivHousing report released today by the Joint Center for Housing Studies of Harvard UnivHousing Studies of Harvard University.