Sentences with phrase «much housing price growth»

Not exact matches

«Given that the decline in home prices had so much to do with the de-leveraging that was taking place on the consumer side,» a recent 10 % rise in the housing market «is a key reason for optimism about growth improving,» Marple said.

Having acquired so much debt, Canadians are vulnerable to rate increases, and housing price gains have vastly outpaced wage growth.

«Overlooked in the comparison of income growth and unadjusted house price growth is that a change in household income is not the only factor that influences how much home one can afford to buy,» Fleming said.

The adjustment in the Australian housing market during 2004 should assist prospects for sustainable economic growth, with the decline in house prices and new lending during much of the year alleviating the overheating which had previously been apparent in that part of the economy.

With housing prices spiking in major urban centres like Toronto and Vancouver, much of that growth has been in smaller communities as more and more young families choose to move further away to realize their dreams of owning a home.

«You're seeing 20 per cent house - price growth in a market where you shouldn't see that much,» McKay said of hometown.

Despite solid interest in buying a home — sparked by steady job gains, record low mortgage rates and higher rents — the severe drought in housing supply in much of the country over the past year accelerated price growth and kept many first - time buyers out of the market.

The expansive cities also experienced real housing price growth over the period — just not as much as the expensive ones.

In contrast, the average owner in Louisiana had little change in their housing wealth during 2017, given much lower prices and modest price growth.»