This phenomenon has contributed to a significant slowdown
in most housing markets in single family home purchases but it has also contributed to a significant increase in multifamily and single family rental occupancy and rental rates.
The number of Canadian homes sold in March plunged 23 per cent and the national average price was down 10 per cent from the same month last year amid double - digit plunges in
most housing markets across the country, according to the latest monthly sales data released Friday.
In
most housing markets, anything less than six months will cause home values to appreciate and anything more than seven months will cause prices to depreciate (see chart 1).
In
most housing markets, anything less than six months will cause home values to appreciate and anything more than seven months will cause prices to depreciate (see chart below).
Small homes, however, are scarce in
most housing markets.
Home prices have been rising faster than rents in
most housing markets, according to Daren Blomquist, senior vice president of communications at ATTOM, so even though buying is more affordable than renting in the majority of U.S. housing markets, that majority is shrinking.
Affordable housing properties maintained high occupancies and strong operating incomes in
most housing markets, according to «The Low - Income Housing Tax Credit Program at Year 25: An Expanded Look at Its Performance,» a December 2012 report from the accounting firm CohnReznick.
«To finance a bigger home purchase, customers may want to look into a jumbo mortgage, which in
most housing markets is a loan of more than $ 417,000,» says Copley.