Sentences with phrase «mean housing prices»

They took that to mean housing prices would never fall.
The mean housing price for a single family residence is $ 515,643, which is something of a disincentive for people to buy homes in the area.
«This is fuelled by overvaluation — meaning house prices remain higher than the level of personal disposable income, population growth and other fundamentals would support.
So does that mean house prices might now be 50 or 60 per cent overvalued in parts of Canada?
The mean housing price is just $ 197,400 and the median rent is only $ 886.00 so it's also an affordable place to live.
The mean housing price for a single family residence is $ 515,643, which is something of a disincentive for people to buy homes in the area.

Not exact matches

For example, downsizing in square footage doesn't always mean downsizing in price — a downtown condo can cost as much as a house in the suburbs.
meaning a wage - price deflationary spiral becomes a significant possibility — especially with an implacable austerity faction in control of one House of Congress.
What it means to you: Rising prices, stagnant wages and mounting debt loads could send the housing market into a tailspin.
And by robust, Zuckerberg doesn't mean the entire world will be streaming House of Cards on Netflix, but people in developing countries may be willing to pay for add - on services like weather and food pricing data.
That means half the houses for sale in those places are priced under seven figures, and half are priced above.
«That's probably sustainable and I think that's good thing because what it means is we have been able to ease into this,» Thorburn added, noting a small drop in house prices recently.
By comparison, in 1989, this group on average had equity equal to 81 % of their house price, meaning that many could look forward to a retirement in which their mortgage was already paid off.
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.»
If the house you're buying doesn't appraise, it basically means the appraiser thinks your offering price is too high compared to the market.
That means if prices go down by only 3 %, the house will be in negative equity and it would pay the homeowner just to walk away and say, «The house now is worth less than the mortgage I owe.
The increases in credit and house prices were inter-related, with credit availability fuelling the price rises, while rising house prices meant people had to borrow larger amounts to achieve home ownership.
On Monday, a group of 25 retail giants including Walmart and Costco sent a letter to the White House on arguing that «higher tariffs will mean higher costs to businesses and in turn higher prices for American families.»
And by that we mean bring an end to double - digit price gains, bring about a steep correction in house prices to levels the city's lowly middle - class incomes can afford, bring about an end to staggering household debt levels and ultimately, bring about the end of housing as the economy's engine of growth?
So does this mean that when the mass of Boomers retire, there will be a national glut of housing (and a corresponding drop in prices) but not a stock market crash?
Rising housing prices mean larger and larger debts extracting interest out of the economy.
For one thing, prices are high in California, which means borrowers will need more money for a down payment and will have higher monthly housing costs than in states with more affordable real estate.
It's just a matter of time before we see a reversion to the mean in which housing prices revert back to the true fundamental condition of the middle class in this country.
If households are prepared to commit 50 % of net income to housing, low rates mean high prices.
This means that the total cost of housing is going to be much more expensive for them, even before considering the rise home prices since 2012.
It means having a roof over your head and a range of choices in housing design, style and price.
«Our analysis of the energy price shock and top of the housing cycle, means that we look for a moderating consumer trend to continue,» UBS said in a research note on Tuesday.
Unfortunately, going back to realistic housing prices would mean lots of people would lose lots of money, thus most would prefer the status - quo, even if it is unsustainable.
The Business Secretary clashed with his Labour opposite number, Chuka Umunna, in the House of Commons, with Mr Umunna claiming the low initial share price for the company meant investors were «laughing all the way to the bank».
Her platform centers on affordable housing, as well as what the development of LaGuardia Airport and the plan for Willets Point will mean for rent prices.
Putting aside the fact that somebody could be more concerned about house prices than human suffering, just think about what that statement means.
A data scientist walks you through, step - by - step, what it means to use machine learning to predict house prices in the future.
The problem with this, however, is that this means that the major publishing houses now have bumped the prices back up for a LOT of new ebook releases.
A traditional publishing house might give an author 25 percent of the net price on an e-book (meaning that if an outlet marks down your title, you get 25 percent of the discounted price).
Seems Random House has libraries between a rock and a hard place: first with pricing then by cutting off other means for libraries to get ebooks for circulation.
Random House has also confirmed that it will be adhering to the agency model of selling books, which means the company will be establishing the price of the books, rather then letting Apple determine the price.
These discount codes for Kobobooks.com are one use per customer and the usual publishing house segregation rules apply, meaning titles from certain publishers can't be discounted (it will be interesting to see how the DOJ price - fixing lawsuit affects this moving forward).
Although five of the six major book publishers have converted to an «agency» pricing model, setting their own retail prices, Bertelsmann AG's Random House publishing group and many smaller publishers still employ the traditional wholesale model — meaning Borders could choose to discount some titles aggressively from these publishers in a bid to drive traffic to its website.
Keep in mind that Random House, the world's largest publisher by sales volume, still hasn't inked a deal with the iPad for fear of an all - out price war, meaning the entire battlefield could change overnight — especially if this rumor is true.
The 2011 mean price across all housing units was $ 418,076.
Combine the fact that retirees devote such a large part of their budgets to housing with the fact that house and condo prices vary significantly from one part of the country to another — the median home price is $ 692,000 in Anaheim, CA vs. $ 91,000 in Decatur, IL — and that means moving to an area with lower housing costs may allow you to cut your spending significantly — or divert much of what you had been devoting to housing to other activities like travel, entertainment, hobbies, whatever.
When the mortgage markets collapsed and the housing agencies started hemorrhaging cash, they instituted new fee policies known as Loan Level Pricing Adjustments (LLPA) and Adverse Market Delivery Charges (AMDC) as a means to fix their balance sheets on the backs of homeowners that were still able to obtain loans.
Given that you want to buy a house soonish, if your money sits in an account somewhere making no interest, you're effectively losing 7 % of your cash each year by not keeping up with house prices, meaning you'll be able to afford a smaller house with the same money.
I mean even the Bank of Canada recently said that it believes housing prices in Canada are overstated by as much as 30 percent.
Or rationality can mean something higher, «Real Estate prices are getting far beyond the prices that rentals could justify, I think I will sell my house and rent.»
That means prices in these cities have now risen too high compared to local incomes, making housing unaffordable for many.
The safety of local neighborhoods and plenty of moderately priced housing means you won't lose sleep at night.
This will eventually affect prime mortgages, because declines of 15 - 20 % in housing prices mean that many prime loans would be underwater in a sale.
This means as the interest rates rise, sellers will be forced to keep house prices low to attract reluctant buyers.
The drop in house prices means that many borrowers are underwater on their houses, and high unemployment has prevented potential first - time buyers from accumulating down payments.
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