Sentences with phrase «less expensive housing markets»

Not exact matches

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Whether strong job growth is the symptom or the cause of deteriorating housing affordability — are these markets less affordable because of strong job growth, or is strong job growth the result of something else making these markets expensive?

You will notice that most everything is negligibly less expensive, but the real savings come when you begin to pay rent or a mortgage, where the housing market is 9 % cheaper.

Someone has a theory, and I wish that I could find the paper, which basically say the market doesn't need affordably housing because any new home built frees up less expensive homes down the chain.

Sales rose most in the Midwest, where the contract closings climbed 3.8 percent to a 1.35 million pace from the prior month At the current pace, it would take 4.6 months to sell out housing inventory, compared with 4.7 months in May; less than a five months» supply is a tight market, the Realtors group has said Properties were on the market for 34 days in June, the same as year ago Single - family home sales climbed 0.8 percent to an annual rate of 4.92 million while purchases of multifamily properties increased 3.2 percent to a 650,000 pace First - time buyers accounted for 33 percent of all sales, up from 30 percent in May and the highest share since July 2012 Sales driven in gains among most expensive homes, NAR's Yun said.