Sentences with phrase «market affordability issues»
Australia needs to build in more than 230,000 homes every year to help address its property market affordability issues at a time when the number of... Read more
https://www.propertywire.com/ Not exact matches
TORONTO, August 30, 2016 - Soaring housing prices in Vancouver and Toronto continued to squeeze housing affordability at the national level in the second quarter, even though affordability was close to historical norms in most other Canadian markets, according to the Housing Trends and Affordability Report issued today by RBC Economaffordability at the national level in the second quarter, even though affordability was close to historical norms in most other Canadian markets, according to the Housing Trends and Affordability Report issued today by RBC Economaffordability was close to historical norms in most other Canadian markets, according to the Housing Trends and Affordability Report issued today by RBC EconomAffordability Report issued today by RBC Economics Research.
2016.12.21 No relief for home owners as Canadian housing affordability continues to slip: RBC Economics Despite cooling home resale activity overall, housing affordability deteriorated further across all markets in Canada in the third quarter of 2016, according to the Housing Trends and Affordability Report issued today by RBC Economicaffordability continues to slip: RBC Economics Despite cooling home resale activity overall, housing affordability deteriorated further across all markets in Canada in the third quarter of 2016, according to the Housing Trends and Affordability Report issued today by RBC Economicaffordability deteriorated further across all markets in Canada in the third quarter of 2016, according to the Housing Trends and Affordability Report issued today by RBC EconomicAffordability Report issued today by RBC Economics Research...
Despite cooling home resale activity overall, housing affordability deteriorated further across all markets in Canada in the third quarter of 2016, according to the Housing Trends and Affordability Report issued today by RBC Economicaffordability deteriorated further across all markets in Canada in the third quarter of 2016, according to the Housing Trends and Affordability Report issued today by RBC EconomicAffordability Report issued today by RBC Economics Research...
So at the margin, I suspect the housing market MUST slowdown due to affordability issues exacerbated by rising prices and rising interest rates.
NAR's chief economist, Lawrence Yun, mentioned the stock market, poor weather on the East coast, as well as supply and affordability issues.
That kind of depreciation is generally not sustainable over a long period of time, because it creates affordability issues within the housing market.
Affordability is an issue in many of these markets.
This prediction comes at a time when the L.A. real estate market is creating affordability issues for many residents.
Severe affordability issues brought on by rapid appreciation throughout the year has caused sales activity to slow, particularly in the region's near million - dollar condominium market where prices depreciated by 7.6 % on a quarter - over-quarter basis.
The San Francisco real estate market has some serious affordability issues in 2017, so home prices there are basically bumping into a ceiling right now.
Housing affordability has become an issue in the San Francisco real estate market, and that's one reason...
A cooling trend in the Bay Area real estate market could also help ease some of the affordability issues that have been reported recently.
A spokesman for federal Finance Minister Bill Morneau says Ottawa is concerned about diminishing affordability in the housing market, calling the matter a complex issue with lots to talk about.
This prediction comes at a time when the L.A. real estate market is creating affordability issues for many residents.
«This group will examine the broad range of policy levers and factors that affect supply and demand of housing, the issue of affordability, and the stability of the housing market,» said Morneau to the packed room.
As the housing affordability crisis looms as the next big issue for our national housing market, an increasing number of would - be homebuyers are finding themselves unable to afford the cost of owning their own homes.
Affordability is certainly an issue if local, organic and sustainable food is ever going to bust out of its current market niche.
Monitor and evaluate patients» reasonable access to cannabis for medical purposes through the implementation of the new system, with action as required to ensure that the market provides reasonable affordability and availability and that regulations provide authority for measures that may be needed to address access issues
One of the best options in the final expense and guaranteed issue life insurance markets, Assurity provides a strong life insurance solution with affordability for seniors looking for a life insurance policy.
Already facing affordability issues, this competition at the entry - level market only adds to the roadblocks slowing first - time buyers.»
Household and property sector strategist at FNB, John Loos, remarks that the issue of affordability has had a profound effect on the Cape Town housing market.
He explains that, when a housing market is strong for some time and affordability issues come into play, then demand usually slows as prices overshoot the market.
Booming housing markets in Toronto and Vancouver put pressure on the governments to address debt and affordability issues, resulting in a host of government initiatives to slow down those markets.
The report «breaks down the question of housing affordability, distilling complex information about the GTA housing market, as well as the policies and economic issues that impact the wider Greater Golden Horseshoe region, into digestible language,» says the board.
Affordability could also be an issue with so many high - priced units coming to the market.
«As rates rise this year, first - time buyers and those looking to buy in expensive markets where affordability is already an issue will feel the pinch of higher rates on their budget.»
«There is still a supply - and - demand problem, mortgage rates are still on the rise, affordability remains an issue in many major markets, and the wider - ranging effects of the new tax plan are still unknown — so it's unclear whether this slowed growth will lead to housing market price plateaus or declines, but the conditions are certainly in place for that potential outcome.»
In this video, NAR Chief Economist Lawrence Yun talks about August pending home sales, the effects of Hurricanes Harvey and Irma on the real estate markets in Texas and Florida, and inventory shortages, rising prices, and affordability issues.
Data exclusive to the market - rate apartment sector shows affordability issues are vastly overstated.
Affordability is an issue in many of these markets.
That kind of depreciation is generally not sustainable over a long period of time, because it creates affordability issues within the housing market.
But data exclusive to the market - rate apartment sector shows affordability issues are vastly overstated.
The National Association of Realtors ® is working closely with federal regulators and members of Congress to strengthen the program and clear the way for a private market to take hold; NAR has also issued a series of principles to improve access and affordability for consumers.
Annual appreciation rates in Los Angeles, San Diego, San Francisco and San Jose slowed or were flat in each month of the fourth quarter compared to the month prior, a welcome sign in markets that risk crossing over into bubble territory as rising mortgage interest rates create affordability issues for homebuyers.
«With a stronger economy and labor market, it's critical to increase housing starts for entry - level buyers or else many will face affordability issues if their incomes aren't compensating for the gains in home prices.»
«Affordability issues will help put the brakes on many markets that saw huge appreciation rates, like California and the Southwest, creating volatility that could potentially cause whiplash for homebuyers and sellers.
New issues are beginning to emerge in the housing market, as affordability and credit constraints are challenging both the rental and home ownership markets.
«But demand will be down because fewer people will refinance and because affordability issues will mean that first - time buyers are still missing from the market.»
While the United States increasingly wrestles with the issue, a recent study of 300 metropolitan areas around the world ranked North America as a market with far fewer affordability problems than most.