Sentences with phrase «limited housing affordability»

Not exact matches

``... in regions where inventory is tight, such as the San Francisco Bay Area, sales growth could be limited by stiff market competition and diminishing housing affordability.

Most home shoppers can absorb modest increases in mortgage rates, but once rates begin to approach their historic levels, they will eat into housing affordability for buyers and could limit the number of homes for sale as well.

«It might be easy to assume another bubble is emerging, with home values growing 10 or 12 percent per year, but don't worry — the market is reacting to basic economic laws, and is behaving exactly the way we would expect it to given good overall growth, limited supply of homes for sale and decent housing affordability thanks to low mortgage interest rates,» Gudell says.

The federal government shutdown, limited inventories and falling housing affordability have contributed to home buyers remaining on the sidelines.

Limited inventories and falling housing affordability will likely impact the pending sales index in future months as well, Yun says.

It is no surprise that house prices have increased as much as they have; strong demand for amenities and limited supply in city centres have spiked prices upwards in urban areas, while affordability and spacious yards continue to attract buyers to the suburbs.