Sentences with phrase «lack of housing supply»

Davis, a Royal Lepage agent in upscale central Toronto, said a lack of housing supply is pushing more buyers to make hard - to - resist deals days before the seller is slated to accept bids.
The lack of housing supply available for prospective homeowners is well documented.
«Our members cite a lack of housing supply as the number one issue in the King County market,» said Sam DeBord, a broker with Coldwell... Read more
Although the previous January existing - home sales report was hampered by a lack of housing supply, existing - home sales still surged to the highest annual rate in six month.
Some of the contributing causes of the current housing crisis — lack of housing supply, government inaction, greed, foreign ownership, the fact that some of the biggest donors to political parties are real estate developers, loopholes in rent control, the arrival of Airbnb — have previously been documented in the media.
Martin Ellis, housing economist from Halifax, said in a statement that while prices will be supported by the nation's evergreen problem of a lack of housing supply and cheap credit, demand will be dampened because people are struggling to truly afford buying a property (emphasis ours):

Not exact matches

The lack of supply that has been plaguing the nation's housing market for the past two years has finally caught up to the priciest homes.
Other reasons that contributed to the issue include insufficient validations made on the capability of chosen suppliers and the company's lack of ability to manufacture some of the parts in - house.
Economist, Alan McQuaid, of Merrion Capital says, «A lack of supply of houses has clearly pushed up prices, particularly in the Dublin area in the past couple of years, but it is not something that can be rectified overnight.
That actually made quite a bit of sense, because by focussing on new - builds it acknowledged the major problem in the housing market - a lack of supply.
The appeal court added that since the House of Representatives or any chamber of the National Assembly lacked the power to conduct criminal investigation, its report «can not be used to prevent or shield any of the petroleum marketer and supply companies from being investigated by competent investigative authority upon a criminal complaint that it fraudulently received billions of naira as imported petroleum subsidy payments when it did not import or market the petroleum in Nigeria.»
The lack of supply of affordable homes has a detrimental impact on the mobility of social housing tenants - many languish on transfer lists for more than two years.
High land costs are a side effect of a lack of supply due to preservation efforts, she said, adding the current town zoning code has also hindered efforts to attract affordable housing to the area.
Bob Blackman, Tory MP for Harrow East, said: «The principal problem of housing in this country is the lack of supply.
For example, connect with community partners if the barrier is clothing, transportation, housing, access to health or mental health treatment; provide training to teachers and staff to address instructional barriers; review budgets to remedy shortages of staff and / or lack of materials and supplies needed to deliver effective classroom instruction or school - wide accommodations; and engage culturally - competent staff to break down communication barriers between schools and families.
«A lot of the price inflation that you're reading about in the Canadian housing market is largely driven by lack of supply in single - family homes, strong household formation, strong immigration numbers — so demand is still there,» Mr. McKay said.
Rather than focus on price appreciation disparities, Soper suggests that political leaders should turn their attention to housing shortages caused by a serious lack of supply.
This lack of supply means increased housing prices across the board, but particularly for single - family detached homes.
This lack of mobility can put pressure on the supply of entry - level housing.
We believe this growing demand and lack of supply will result in existing «workforce housing» increasing in value over time.
This is due, primarily, to a pronounced lack of supply of housing stock, particularly for low - density, single - family detached homes.
The company left nothing to chance in the months leading up to the Japanese launch of the console at the close of 1994; mindful that it lacked the internal resource to compete with Sega and Nintendo's enviable in - house talent it diligently courted third - party publishers such as Capcom, Konami, Electronic Arts and Namco, the latter of which would supply what was the console's undisputed killer app at launch: an astonishingly accurate conversion of its smash - hit Ridge Racer coin - op.
They will grow up stunted in stature and damaged in their brains, all because they lack access to cheap electricity, running clean water and sewer facilities and clothes washing and refrigeration and schools and houses and adequate supplies of fertilizer - grown food that electricity enables.
There are several issues in Aboriginal communities such as the lack of adequate housing, health facilities, basic environmental services such as sanitation and clean water supplies, and safer surroundings, as noted in the Lowitja Institute's report «Beyond Bandaids».
The housing demand and lack of inventory is so great, that if supply does not increase, we could see a upwards of 5 percent growth in median home prices within the Austin - Round Rock MSA.
With lacking housing supply a crisis - level issue across generations, addressing the specific needs of the older population will necessitate cooperation between several constituents, the report concludes.
With a lack of significant new supply in the pipeline, per - unit housing will continue to be primarily influenced by forces in the multifamily market.
Single - family housing affordability: Lack of inventory, higher rents and home prices, difficulty saving for a down payment and investors weighing on supply levels by scooping up single - family homes have all lead to many markets experiencing decaying affordability conditions.
«The utter lack of sufficient housing supply and its influence on higher home prices muted overall sales activity in much of the U.S. last month,» says Lawrence Yun, chief economist at NAR.
Rising mortgage rates and a lack of supply have dampened housing market momentum,» says Doug Duncan, senior vice president and chief economist at Fannie Mae.
The lack of supply and a larger than normal demand for housing because of low interest rates and low home prices compared to the pre-bust days of 2000 - 2007 are the perfect test for Econ 101.
The governments of BC and Ontario were looking for a scapegoat to blame for the falling inventory (lack of supply) and the increased demand for housing in their two major centres in Vancouver and Toronto.
As the market strikes a better balance of supply and demand (something that has been lacking in the past), house values will probably begin to rise more slowly.
Supply shortages are also an issue, with lack of housing stock leaving many low - income and middle - class homebuyers out of options.
Rents are forecasted to increase by 2 percent nationally over the next year, but growth will be moderate based on the increases in supply and the lack of affordable housing in high - cost metros.
Adam and Eddie discuss the capitalistic solution to the lack of supply of low - income housing, that...
«There are many culprits behind last year's unsustainable rise in Toronto house prices, with experts blaming everything from foreign buyers to lack of supply.
Adam and Eddie discuss the capitalistic solution to the lack of supply of low - income housing, that is, giving investors an economic incentive to help solve the problem.
Senior managers with AvalonBay Communities Inc., a Washington, D.C. - based apartment developer, say demand for space continues to rise, propelled by job growth, troubles in the housing market and lack of new supply.
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