Sentences with phrase «measure of the affordability»

The U.S. ranks dead last among developed nations on this measure of affordability, as illustrated in the subsequent figure for a single parent earning half the average wage.
On a more simple measure of affordability, the median house price of the marginal Liberal seat held by Malcolm Turnbull — which needs a swing of 3.9 per cent to change hands — is a staggering $ 1.65 million.
Measures of affordability are beginning to slide, indicating that the pool of buyers is shrinking.
Finally, they added in factors typically included in all lists, including the city's Walk Score and measures of affordability and diversity.
One common measure of affordability — the ratio of median house prices to household income — fell to 3.4 last year, the lowest level since 1995 and in line with the two decades ending in the year 2000.

Not exact matches

The Ontario government introduced a package of 16 measures Thursday designed to tame runaway home prices in Toronto and surrounding cities, and improve affordability for those hoping to own or rent property.
Rabidoux also mentions the RBC measures have other «flaws» that contribute to the overestimation of affordability.
Zeke Emanuel, Aaron Glickman, and David Johnson propose in the Journal of the American Medical Association a new «affordability index» as a way to measure health costs in America.
RBC's housing affordability measure for the benchmark detached bungalow in Canada's largest cities in the second quarter of 2014 is as follows: Vancouver 81.8 (down 0.3 percentage points from the previous quarter); Toronto 55.9 (down 0.2 percentage points); Montreal 37.3 (down 1.6 percentage points); Ottawa 36.0 (down 0.4 percentage points); Calgary 33.6 (down 0.8 percentage points); Edmonton 31.7 (down 1.1 percentage points).
The RBC Housing Affordability measure, which has been compiled since 1985, is based on the calculated costs of owning a detached bungalow (a reasonable property benchmark for the housing market in Canada) at market value.
The RBC housing affordability measure captures the proportion of pre-tax household income that would be needed to service the costs of owning a specified category of home at current market values (a fall in the measure represents an improvement in affordability).
During the second quarter of 2014, affordability measures at the national level fell by 0.9 percentage points to 48.0 per cent for two - storey homes, by 0.6 percentage points to 42.5 per cent for detached bungalows and by 0.4 percentage points to 27.4 per cent for condominium apartments.
«Owning a home at market price in Canada still took an abnormally large bite out of household income, but RBC's aggregate affordability measure was unchanged in the fourth quarter after a string of six quarterly increases,» said Craig Wright, senior vice-president and chief economist, RBC.
And, despite historically low interest rates, affordability measures such as the RBC Housing Affordability Index, which measures home ownership costs as a percentage of household income, remain stuaffordability measures such as the RBC Housing Affordability Index, which measures home ownership costs as a percentage of household income, remain stuAffordability Index, which measures home ownership costs as a percentage of household income, remain stubbornly high.
The NATIONAL ASSOCIATION OF REALTORS ® affordability index measures whether or not a typical family could qualify for a mortgage loan on a typical home.
In 2013, as part of a broader package of fiscal measures, Tonga lowered import duties from 20 % to 5 % for imported fresh, tinned or frozen fish in order to increase affordability and promote healthier diets.
De Blasio said that he believed including such a measure would undermine the affordability of his housing plan.
At noon, NYC Public Advocate Tish James announces measures to expand affordability of child care, City Hall steps, Manhattan.
Standard & Poor's Ratings Services said the capital plan «stays within all of New York's affordability measures.
At 12:30 p.m. on Monday, Public Advocate Letitia James will «announce measures to expand affordability of NYC child care.»
Affordability measures are included in bids The City Council - adopted resource plan, which also projects the construction of a 500 - MW natural gas plant, envisions that Austin Energy will acquire the solar energy by 2017 if the power is «available and affordable.»
Policies are needed to promote the availability, affordability and acceptability of fresh fruit through educational and regulatory measures
The three Oakland housing affordability measures our Teacher Advisory Group members wrote about last week all passed with over 70 % of the vote!
The RBC Housing Affordability Measure shows the proportion of median pre-tax household income required to pay the principal and interest on a mortgage, property taxes and utilities.
But time is on your side right now: Home values are continuing to climb, with the median existing single - family home price increasing in 148 of the 178 cities measured by the National Association of Realtors ®» latest Metropolitan Median Area Prices and Affordability quarterly study.
To account for this, we measured the affordability of New York's towns and cities from the standpoint of local incomes as well as property values.
TORONTO — Ontario's highly anticipated package of housing measures is set to be announced Thursday and will take aim at speculators, expedite more supply, tackle rental affordability and look at realtor practices.
A spokeswoman for Premier Kathleen Wynne says the tax is one of the measures being examined as the province readies to unveil a much - anticipated package of housing affordability measures.
Outside of the two hottest markets, RBC's affordability measure is generally close to the historical average, and recent trends have been either stable or improving slightly.
TORONTO — Ontario Premier Kathleen Wynne says her government will introduce a package of housing affordability measures «very soon» that she believes will have a swift impact on the hot Toronto - area housing market.
TORONTO — The Ontario government is expected to unveil a suite of housing affordability measures in the coming days aimed at cooling soaring home prices in the Greater Toronto Area.
The Bank of Canada's recently revamped Housing Affordability Index says «yes,» while the more widely - known RBC Housing Affordability Measures says «no,» claiming that home ownership costs now exceed the long - term average.
The HOME investment amount may be reduced pro rata based on the time the homeowner has owned and occupied the home measured against the required affordability period; except that the City's recapture provisions may not allow the homeowner to recover more than the amount of homeowner's down payment, principal payments, and any capital improvement investment.
It doesn't make sense to use your gross monthly income when measuring mortgage affordability, because much of that income is lost to taxes.
This measure is part of a package of reforms to reduce pressure on housing affordability in Australia.
Note that the rental affordability score measures each city's percentage of jobs with a median income that can afford a two - bedroom apartment.
For that reason, we measure affordability by the share of median income that residents pay for a 30 - year fixed mortgage on a typical home.
Robert Hogue, a senior economist with RBC, says that housing affordability, as measured by the percentage of household income needed to pay monthly mortgage, property tax and utility bills, hasn't been this low in years.
Still, the affordability measure has more relevance to newer home buyers since the vast majority of Canadians will have bought their homes in the past, when prices were lower.
The affordability index measures the percentage of pre-tax household income that is needed to service the cost of owning a home at current market prices, including payments for a mortgage, utilities and property taxes.
In Ontario as a whole, the affordability measure of 44.9 per cent for bungalows and 51.0 for two - storey homes represented a 24 - year high.
The study uses NAR housing data and income statistics from the U.S. Office of Management and Budget to measure affordability in nearly 200 metros across the U.S.
Then, in April, the Ontario government introduced the Fair Housing Plan, a slate of measures to address affordability including a 15 per cent tax on foreign buyers in the GTA and surrounding area.
Even though marketing may not be your favorite thing in the world, it has all kinds of benefits for your veterinary practice, including its overall affordability and the opportunity for you to measure just how effective your efforts are.
While nature, relative proximity to the city, space, and affordability may be the most obvious appeals of the Catskills, what the area also offers is that complex dynamic between town and country — a chance to measure how urban notions of culture fit within the rural setting, and the kinds of esthetic, social, and political navigations that artists make in dealing with the land and its people.
A portion of this money would go to construction of new affordable housing units, although the majority of it will expand on the current focus on renovation and repair of existing affordable housing, as well as measures to support housing affordability such as rent supplements.
The majority of it will expand on the current focus of funding renovation and repair of existing affordable housing, as well as measures to support housing affordability such as rent supplements.
In addition to the official IAEG global indicators — measuring the proportion of victims of violence that report their victimization to the police as well as unsentenced detainees as a proportion of the overall prison population — WJP's Index scores provide a holistic picture of the accessibility, affordability, impartiality, and effectiveness of civil justice systems, and of the capacity of criminal justice systems to investigate and adjudicate criminal offenses through an impartial system that protects the rights of victims and the accused.
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
The bipartisan measure essentially calls for a 4 - year «time out» on further implementation of the rate structure until FEMA completes the affordability study required by Biggert - Waters and also proposes a regulatory solution to issues found in the study.
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