Not exact matches
The 2002 - 2003 lows never actually
reached even average valuations, much less historical
medians, but we did observe enough value based on normalized fundamentals and improved
market action to remove most of our hedges in early 2003.
Rising stock
markets — the S&P 500 has tripled since
reaching a low in March 2009 and over the last 10 years, the largest public pension plans have earned an average return of 7.45 percent, broadly in line with the
median long - term goal of 8 percent — have boosted pension plan coffers to the highest level of assets they've ever had.
The
median P / E ratio for the stocks in the S&P 500 fell below 15 last week, a level it had also
reached at the
market's bottom in 2002.
«Nationally, mortgage rates still have room to grow before the share of income needed to pay the
median monthly mortgage
reaches the historical average, but many more expensive coastal
markets are either close to or have exceeded what has been considered historically affordable.»
Home price growth is likely to moderate from more new home construction, with the
median price increasing about 6 percent in 2014 to $ 209,000 and
reaching nearly $ 219,000 next year as
market conditions begin to balance.
«California's housing
market turned in a respectable performance throughout 2017, with home sales increasing 1.4 percent and the
median price climbing 6.9 percent for the year as a whole to
reach $ 537,860 in 2017,» says C.A.R. Senior Vice President and Chief Economist Leslie Appleton - Young.
Miami is the metro where
market - rate apartment renters struggle the most to cover housing costs, as the
median rent - to - income ratio
reaches 28.8 %.
In 2017,
median income among households signing new leases for
market - rate properties
reached $ 61,000.
In many local housing
markets across the Southland, including Los Angeles and Orange counties, the
median home value has risen above the peaks
reached during the last housing bubble.
That amount goes far in many
markets, but there are also
markets where it doesn't even
reach the
median home price.
The least affordable small housing
market in the fourth quarter was Ocean City, N.J., where just 43.5 percent of homes sold were within
reach of families earning the
median income of $ 71,100.
«In line with our forecast, California's housing
market experienced strong sales and price growth throughout last year, with the
median price increasing 6.2 % for the year as a whole to
reach $ 474,420 in 2015,» said CAR Vice President and Chief Economist Leslie Appleton - Young.
He added that the statewide
market has posted its 15th consecutive month of steady or rising statewide
median sales prices, while inventory
reached its lowest level in August since 2005.
The builder is counting on a prime location in a hot housing
market whose
median listing price for a single - family home in August
reached $ 878,000, the country's second - highest level, according to the National Association of Realtors.