The most recent FNB Property Barometer reported that against expectation,
the national house price growth rate improved on a month - to - month basis throughout last year from a low of 1.5 % year - on - year in December 2016 to 6.1 % for December 2017.
Not exact matches
But 5.6 % is still well above the
national forecast for year - over-year
price growth, and that makes Dallas another hot
housing market to watch in 2016.
Both Realtor.com and Zillow have predicted that Sacramento will be one of the hottest
housing markets in 2017, with
price growth well above the
national average.
Unemployment is at its lowest rate since the mid 1970s and the
housing market has shown renewed strength in recent months, with year - ended
growth in
national house prices back above 15 per cent.
Which brings the question: is it really worth risking a
national recession or economic slow down to curtail regional
housing price -
growth in Toronto and Vancouver?
The
National Association of REALTORS (R) recently reported that
housing affordability has fallen to a five - year low as home
price increases have outpaced income
growth.
The FNB
House Price Index revealed a 7.4 % year - on - year national growth for the month of June, which was slightly higher than the 7.2 % rate recorded for May, «extending the recent mild accelerating trend in average house price inflation to 5 months&ra
House Price Index revealed a 7.4 % year - on - year national growth for the month of June, which was slightly higher than the 7.2 % rate recorded for May, «extending the recent mild accelerating trend in average house price inflation to 5 months&ra
Price Index revealed a 7.4 % year - on - year
national growth for the month of June, which was slightly higher than the 7.2 % rate recorded for May, «extending the recent mild accelerating trend in average
house price inflation to 5 months&ra
house price inflation to 5 months&ra
price inflation to 5 months».
The 2014 home buying season is off to a strong start with year - over-year increases in
housing inventories and «sustained growth in home prices,» according to the latest National Housing Trend Report from realtor.com ®, which reflects data of 143 markets across the c
housing inventories and «sustained
growth in home
prices,» according to the latest
National Housing Trend Report from realtor.com ®, which reflects data of 143 markets across the c
Housing Trend Report from realtor.com ®, which reflects data of 143 markets across the country.
Geffen says even mild
national economic
growth, which the Reserve Bank's Monetary Policy Committee currently predicts will be 0 % in 2016, would create more stability in the residential property market beyond the borders of the Western Cape and further drive
house price inflation.
WASHINGTON (February 11, 2015)-- The majority of metropolitan areas experienced steady but slightly stronger
price growth in the fourth quarter of 2014, behind a decline in
housing supply and an uptick in demand fueled by lower interest rates and a stronger job market, according to the latest quarterly report by the
National Association of Realtors ®.
«Affordability has fallen to a five - year low, as home
price increases easily outpaced income
growth,» Lawrence Yun, chief economist for the
National Association of REALTORS ®, noted in a recent
housing report.
But 5.6 % is still well above the
national forecast for year - over-year
price growth, and that makes Dallas another hot
housing market to watch in 2016.
National house prices are forecast to rise this year in 19 of 22 markets, but
growth is expected to slow in most markets and risks are growing as the prospect of gradually rising mortgage rates comes into view this year.
Despite positive improvements in the labor market in recent years, new home construction is currently insufficient in a majority of metro areas and is contributing to persistent
housing shortages and unhealthy
price growth in many markets, according to new research from the
National Association of REALTORS ®.
House prices fall pretty close to the
national average here, but the Houston magic of
price growth could make investment here profitable.
House prices and rent in El Lago are fall slightly below the
national average here, so the potential for
growth is rather exciting.
Finally, as the
housing sector, represents one of the largest contributors to local and
national economies (both directly and indirectly through its linkages to several sectors of the economy such as furniture, building materials, home equipment, etc.) a measure of movements in home
prices, is necessary in researching and measuring the effect of the
housing sector on key economic indicators such as inflation, income and employment
growth, construction activity and economic cycles.
Demographics, supply, demand, migration, regulatory changes, population
growth, home
prices, interest rates, household debt, employment... All of these and more are impacting the local and
national housing markets.