Sentences with phrase «housing slowdown»
The phrase "housing slowdown" refers to a decrease or slowdown in the activity and growth of the housing market. It means there is a reduction in the number of houses being sold, fewer new houses being built, and a decrease in the overall demand for homes. Full definition
Unlike previous housing slowdowns, which have come on the heels of broader economic weakness accompanied by job losses and rising interest rates, today's slowdown comes amid an economy that continues to chug along at a respectable pace.
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Ontario is also dealing with a housing slowdown and a struggling manufacturing sector.
The problem is that a divergence of this size between the housing sector and the rest of the economy can't persist indefinitely, because the housing slowdown feeds back into employment, incomes and other forms of spending.
More likely, we'll adjust a good part of the current account deficit through weakness in U.S. gross domestic investment (mostly via a housing slowdown, in my estimation).
«In the light of the housing slowdown domestically and the sluggish demand for Chinese goods from Europe it seems likely the government will lower its growth target for 2015 to closer to 7 per cent,» said CMC's Mr. Lawler.
While not unexpected (a housing slowdown... Read More
A housing slowdown in Toronto and Vancouver could affect consumer confidence in regions with strong economic fundamentals like Calgary, Edmonton and Halifax, adds Don Campbell, best - selling author of Real Investing in Canada.
While not unexpected (a housing slowdown has been anticipated since the government tightened mortgage rules back in June) experts are worried that the changes to the regulatory system may have a bigger impact than originally expected.
According to CoreLogic, home prices have risen 9.6 percent from February, which was the month prices reached their lowest levels since the housing slowdown.
Since the housing slowdown began in the second half of 2005, the economy has added some 4 million net new jobs, wages have grown by 8 percent, and household wealth has grown by $ 5 trillion, mainly thanks to stock gains, an NAR analysis shows.
Thus, in part, your fortunes depend on how well policy makers at the Federal Reserve tamp down budding inflation without exacerbating the housing slowdown by precipitating mortgage problems among stretched households.
None of this should come as much of a surprise to you: This year's recoup values confirm the housing slowdown many parts of the country are experiencing.
The housing slowdown also continues to depress the volume of move - ins, especially at independent - living buildings.
Housing slowdown?