«The pace of overall housing production has been edging gradually upward all year as consumers become more confident
in their local housing markets, and the latest data are further evidence that the housing recovery is here to stay,» adds NAHB Chief Economist David Crowe.
We curate data and insights from a variety of sources, and use them to create a clearer picture of what is happening
in local housing markets.
The Toronto Real Estate Board is already pushing back against the possibility of this measure, arguing foreign buyers are a positive force
in the local housing market.
Always be sure that the price of the home is below its value
in the local housing market, or you'll stand no chance of gaining a profit from renovation efforts.
According to research from Zillow, homeowners are typically more confident
in their local housing market than renters, but that confidence gap has started to narrow.
Declining demand
in the local housing market may be triggered by an economic downturn and declining income, which may motivate individuals that would otherwise leave parental homes or other joint living arrangements to rent their own unit to postpone such decisions.
But their decisions — which so many of them now regret — might have been products of circumstances (i.e. money), supply - demand equations, or inflated confidence
in the local housing market, in the quality of the home, or in their stage of life.
From unpredictable activity
in the local housing market to an unforeseen foundation problem, the fluctuation of a property's value can become quite confusing for the average homeowner.
A majority of respondents revealed that housing prices in their area are higher than last year, and 38 percent reported an increase
in local housing market activity in the past year.
Household growth is one of the major forces that drives increases in housing demand; and if such increases occur in a market with low vacancy rate and slowly responding housing supply they will trigger significant value and price increases
in the local housing market.
In such a case, the analyst needs to examine recent percentage changes in prices, and assess whether they will continue at the same or different pace based on the prediction of demand - supply conditions
in the local housing market during the forecast horizon.
The agents are out there
in the local housing market day in and day out so they'll have a good handle on how much similar properties go for in the surrounding area.
Not exact matches
If you're ready to jump
in and buy, and you can afford a
house in your
local market, then do it.
Governments
in Australia, New Zealand and the United Kingdom all are trying to slow the rush of international capital into
local housing markets.
As it stands, the fundamentals underpinning
housing markets in Vancouver and Toronto remain strong —
local economies are growing, immigration is robust and interest rates are low.
Keep
in mind that not all
housing - related stocks are created equal,
in part because
housing markets are notoriously
local.
In an interview, Kolko said property values in oil - rich markets often mirror drops in petroleum prices because energy companies lay workers off in downturns, and «fewer [local] jobs means weaker housing demand.&raqu
In an interview, Kolko said property values
in oil - rich markets often mirror drops in petroleum prices because energy companies lay workers off in downturns, and «fewer [local] jobs means weaker housing demand.&raqu
in oil - rich
markets often mirror drops
in petroleum prices because energy companies lay workers off in downturns, and «fewer [local] jobs means weaker housing demand.&raqu
in petroleum prices because energy companies lay workers off
in downturns, and «fewer [local] jobs means weaker housing demand.&raqu
in downturns, and «fewer [
local] jobs means weaker
housing demand.»
The world is awash
in cheap debt, and whether we're talking about wealthy foreigners or
local residents desperate not to be shut out of the
market, the siren call of fast - rising
house prices is too powerful to ignore.
The different trajectories for home values and list prices demonstrate how instrumental
local economies are
in guiding
housing markets.
If you're thinking about buying a home
in San Ramon, California, you probably have a lot of questions about the
local housing market.
Arch MI gauged the economic foundations of home values
in 100 major metropolitan areas to determine
local housing markets with «minimal» risk.
«If confirmed, this will be the first time
in the past half year that the central government announces supportive measures — not just the
local governments — raising some people's hope that there may be more central government support if the
housing market does not recover,» Du Jinsong, a property analyst for Credit Suisse
in Hong Kong, wrote
in a note.
The ratio was above the sellers»
market threshold
in about 60 % of all
local housing markets in March, the majority of which are located
in British Columbia,
in and around the GTA and across southwestern Ontario.
The ratio was above 60 %
in just over half of all
local housing markets in April, mostly
in British Columbia and southwestern Ontario.
What Fresno needs is a more productive economy, not a white knight to swoop
in and save the
local housing market.
Some of the biggest discrepancies between the performance of the
local economy and the
housing market occurs
in some cities that are
in the worst shape.
It continued to borrow to finance budget deficits after its economy started shrinking
in 2006, when the Internal Revenue Service phased out tax breaks for U.S. manufacturers
in Puerto Rico and the
local housing market soured.
Local Market Monitor expects prices
in these
housing markets to continue climbing over the next few years.
The
local housing market in Bakersfield has largely avoided the volatility seen
in some of the coastal California cities.
To find out which
housing markets offered investors and home buyers the best bang for the buck, Forbes and
Local Market Monitor examined the 100 biggest metro areas
in the U.S. (all with populations of 600,000 or higher).
This popular, recurring series looks at
housing conditions
in medium to large metropolitan areas across the country, and then ranks the hottest
markets based on
local supply and demand factors.
Local housing markets in Rochester, NY; St. Louis, MO; Birmingham, AL; and Milwaukee, WI are now showing signs of improved strength and stability.
The city has much to offer young people
in particular, which helps fuel the
local housing market.
The good news is that job creation
in the DFW area has continued to support growth of the
local housing market.
As mentioned earlier, home prices are expected to continue rising
in most of the
housing markets on the Forbes /
Local Market Monitor list.
The farm sells produce to
local residents of the subsidized
housing next to the farm, and the farm has a booth at a farmers»
market in another part of the city.
She calls her brand
House Scrubs and she sells them at
local markets in Denmark.
It has become my tradition on these ski trips to have a day or two by myself to head to the
local market, cook up a new recipe, sip some wine and simply enjoy the day
in the
house while the others are on the slopes.
The Vine's
marketing dollars are spent mostly on social media, some
local newspapers and magazines,
in -
house marketing and different types of guerilla
marketing, such as handing out flyers or promotional items.
«Providing further evidence of the level of technical and commercial capabilities BES brings to our
markets, we are delighted to have designed and commissioned this unit
in -
house and to have had it built utilising
local contractors.
That this
House: (1) notes with concern the impact on the Dairy Industry of the Coles milk pricing strategy and that: (a) dairy farmers around the country are today seriously questioning their future having suffered through one of the worst decades
in memory including droughts, floods, price cuts and rising cost of inputs such as energy and feed; (b) unsustainable retail milk prices will, over time, compel processors to renegotiate contracts with dairy farmers and the prospect that these contracts will be below the cost of production may force many to leave the industry; (c) the fact that supermarkets are now selling milk cheaper than many varieties of bottled water will be the straw that finally breaks the camel's back for many dairy farmers; and (d) the risk of other potential impacts includes: (i) decreased competition as name brands are forced from the shelves; and (ii) the possible loss of fresh milk supplies to some parts of the country as
local fresh milk industries become unviable; and (2) calls on the Government to: (a) ask the ACCC to immediately examine the big supermarkets and milk wholesalers after recent price cuts to ensure they do not have too much
market power and are not anti-competitive
in their behaviour; and (b) support the new Senate inquiry into the ongoing milk price war between the country's major supermarket chains».
Since beginning
in 2002, Inko's has supported via
marketing and demo programs such smaller,
local natural
markets as My Organic Markets in Maryland; Westerly Market in NYC; Tunies and Richards Whole Foods in Florida; House of Nutrition in Luzerne PA; New Seasons in Portland, OR as well as a host of other stores and food co-ops across the Country and in Alaska and
markets as My Organic
Markets in Maryland; Westerly Market in NYC; Tunies and Richards Whole Foods in Florida; House of Nutrition in Luzerne PA; New Seasons in Portland, OR as well as a host of other stores and food co-ops across the Country and in Alaska and
Markets in Maryland; Westerly
Market in NYC; Tunies and Richards Whole Foods
in Florida;
House of Nutrition
in Luzerne PA; New Seasons
in Portland, OR as well as a host of other stores and food co-ops across the Country and
in Alaska and Hawaii.
«Rather than poorly serviced mono - estates bolted - on to
market towns, we must plan for new neighbourhoods and community extensions which ensure that the
housing provided offers a variety of tenure, with the provision of live / works spaces and
local services, all
in sustainable communities where people want to live and work,» comments Town and County Planning Association (TCPA) senior policy officer, Fiona Mannion.
To support private sector efforts
in expanding access to
housing, the Ministry of Finance will partner with banks, pension trustees and securities
market players to start a process of developing and deepening the
local mortgage and
housing finance
market to offer affordable mortgages at subsidized interest rate beginning with public sector workers.
-
Local authority and
housing association tenants
in England who earn more than # 30,000 - or # 40,000
in London — will have to pay up to the
market rent
Attempts were made through the
Housing Act 1996 to bring HB spending under control, through the introduction of «
Local Reference Rents» (determinations of average
market rents for dwellings of the same size
in an area) and the further restriction of eligibility for under 25s through SRR.
A report from the Commons» communities and
local government select committee says general conditions
in the UK
housing market were not prioritised above political considerations.
Proposals to abandon top - down planning targets and grant more power to
local councils would not address the problems
in the
housing market and could even risk creating new ones, Liberal Democrats said today.
«
In East New York,
market - rate
housing might as well be luxury
housing,» said Michelle Neugebauer, executive director of the Cypress Hills
Local Development Corporation and a coalition member.
While some voting «yes» to the new criteria say for - profit
market - rate senior
housing projects should,
in theory, be handled entirely by the private
market, supporters of the guidelines add that with an aging
local population and places
in Erie County
in need of additional senior homes, especially
in the Southtowns, the door could be left open to some projects by ensuring they comply with the ECIDA's new criteria.