Sentences with phrase «of home economist»

Although to many she has a background of home economist than an investment guru.

Not exact matches

Home prices aren't normally something that would be at the top of an economist's list when looking at a country's overall monetary health, but it was an indicator that was completely hammered during the 2008 - 09 financial crisis.

According to the international Bank's chief international economist, Torsten Slok, Canadian homes are 63 % overvalued — the single largest prediction of doom for this country's housing market.

The tighter mortgage lending rules, which make it harder for home buyers to qualify for uninsured mortgages, are also shrinking the pool of qualified buyers for higher - priced homes, said Gregory Klump, chief economist of the Canadian Real Estate Association.

«As more people move out of their parents» basement — and there's still quite a few living there — we expect to see continued healthy demand for homes,» said Svenja Gudell, chief economist for Zillow, which found millennials made up 42 percent of homebuyers last year.

«When the housing market crashed, owners of the least valuable homes were especially hard hit, and lost more home value than homeowners at the upper end of the market,» Zillow senior economist Aaron Terrazas said in the report.

You can still go back and you can look on the Zillow blog and see posts that I wrote, and Stan, who by this point had become our chief economist, wrote about how it was obvious, in our opinion, that housing was going to crash and that it was built on the foundation of sand and there was too much easy credit that had allowed people to buy homes who really couldn't afford them.

«There is a lot of demand for existing homes relative to supply and that is why the overheating indicator is high in Vancouver, Victoria, Toronto and Hamilton,» said CMHC chief economist Bob Dugan.

But vacation home sales tanked last year as demand outstripped the supply of available homes, said Lawrence Yun, chief economist at the NAR.

Paying for all of the costs associated with a detached home in the Vancouver area requires 121 per cent of median household income; for a condo, it's 46 per cent of income, making it Canada's least affordable city, according to economists at the Royal Bank of Canada.

In the span of a few days this week and last, several big - bank CEOs and chief economists let loose a flurry of warnings about surging home prices in Vancouver and Toronto, where it now costs an average of $ 1.5 million and $ 1.3 million, respectively, to buy a detached house.

«Millennials make up the largest share of those seeking starter homes, a portion of the market that saw inventory plummet 14.2 percent and prices leap nearly 10 percent year - over-year in Q1 2017,» wrote Cheryl Young, a senior economist at Trulia.

A few days later, Sherry Cooper, the chief economist at Dominion Lending Centres and the former chief economist at the Bank of Montreal, told Business News Network she was «very worried» about skyrocketing home prices in Vancouver and Toronto because «these things generally don't end well.»

Economists treat parental leave, both for women and men, as a simple cost - benefit problem: in theory, at least, if a woman's wage is greater than the cost of replacing her in the home, then she should spend her time working and hire someone else to care for her children.

Those kinds of numbers support the view that «a potentially severe housing correction is underway,» says David Madani, an economist at Capital Economics, who for months has been predicting a 25 % decline in Canadian home prices.

Economist Anthony Randazzo of the Reason Foundation wrote last year that QE «is fundamentally a regressive redistribution program that has been boosting wealth for those already engaged in the financial sector or those who already own homes, but passing little along to the rest of the economy.

According to a report from Harvard and Princeton economists, nearly all of that job growth — about 94 percent — is the result of alternative careers, freelancing, Small Office / Home Office (SOHO) businesses and the «gig economy.»

Based on rates alone, a jump from 4 percent to 5 percent could cause the nations home sales volume to drop by 300,000, said National Association of Realtors economist Lawrence Yun.

For one, homes in most of the U.S. «are still the deal of the decade,» says TD economist Beata Caranci.

But, under Obamacare, part - time workers conceivably can have the same amount of take - home pay and health insurance to boot, according to University of Chicago economist Casey Mulligan, who wrote about the situation recently in The New York Times.

Conversely, the economist predicts today's rock - bottom energy prices will send home values rising in the rest of America — especially the Northeast and Midwest.

That sounds much faster than the 2.5 % to 3 % growth expected here at home, but many economists doubt the accuracy of Chinese government numbers, estimating that growth will be closer to 3 % to 4 % in the years to come.

«Healthy economic conditions are creating considerable demand for purchasing a home, but not all buyers are able to sign contracts because of the lack of choices in inventory,» said Lawrence Yun, chief economist for the Realtors.

To determine whether homes are fairly valued The Economist looks at the relationship between prices and disposable income — an indicator of affordability — and between prices and rents — a substitute for buying a home.

«We thought we'd see a flow back of workers from the energy sector,» said Rob Dietz, chief economist with the National Association of Home Builders.

The Federal Reserve and their army of economists have created another fine mess in the U.S. housing market, destroying real price discovery and distorting the real value of a home which is end - user shelter.

Having spent more than 20 years as a business economist working in the private sector before joining the Federal Reserve Bank of New York in 2007, I feel right at home here today.

Some economists work from home, and others may be required to travel as part of their job or to attend conferences.

«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.

«It was more affordable to own a home in virtually all provincial and major local markets across Canada in Q2, and in the face of solid price gains no less,» said Craig Wright, senior vice-president and chief economist, RBC.

by Crystal Paine Money Saving Mom is one of the best home economists» book.

The predicted slowdown in Oakland home prices is part of a broader, nationwide cooling trend, according to housing analysts and economists.

While home - price appreciation has slowed, economists are still predicting additional gains through the end of 2015 and into 2016.

In Shenzhen, the average home sells for 44 times average annual household income, compared with around 12 times for homes in New York City, according to an analysis by Zhang Ming, a senior economist at the Chinese Academy of Social Sciences.

Robert Dietz, chief economist at the National Association of Home Builders (NAHB), spoke at a recent National Association of Realtors conference.

Most economists expect home loan interest rates to rise gradually in 2016, partly as a result of the Fed's policy shift.

Post-hurricane rebounds in Florida and Texas are responsible for boosting October's numbers, says Robert Dietz, chief economist for the National Association of Home Builders.

Perhaps that's why the economists at Zillow recently listed Sacramento as one of the ten worst markets for first - time home buyers, citing stiff competition among other factors.

The housing economists and analysts at Zillow recently predicted that home values in Orange County would rise by around 1 % over the next 12 months, stretching into July of 2018.

The Fed is home to roughly 769 economists (1), making it (probably) the largest employer of economics PhDs in the world.

A combination of higher mortgage rates (a result of gradually tightening monetary policy) and higher home prices will add to home affordability woes, says Robert Dietz, chief economist with the National Association of Home Buildhome prices will add to home affordability woes, says Robert Dietz, chief economist with the National Association of Home Buildhome affordability woes, says Robert Dietz, chief economist with the National Association of Home BuildHome Builders.

Sales of higher priced homes increased in a range from up 3.5 percent for homes selling for between $ 400,000 to $ 499,000, up to 31.1 percent for homes over $ 2 million, according to Oscar Wei, senior economist with the California Association of Realtors.

Matthew Gardner, Chief Economist at Windermere Real Estate, covering Seattle, says, «Our strong wage growth is still supporting rising home prices, which when combined with the historically low number of homes for sale in Seattle, gives home flippers substantial returns on their investments.

Lawrence Yun, NAR's chief economist, estimates that existing - home sales will finish 2017 at a pace of 5.47 million — the best showing since 2006 (6.47 million).

It helps to be a worldclass economist - historian, to have been a trader and Managing Director of Drexel Burnham Lambert when the firm was the junk bond king of Wall Street, to have lived in Hong Kong for a quarter of a century, and to have a contact book crammed with the home numbers of many of the movers and shakers in the financial world.

How classical economists hoped to modernize banks as agents of industrial capitalism Britain was the home of the Industrial Revolution, but there was little long - term lending to finance investment in factories or other means of production.

Economists say today's upswing is more sustainable, driven not by risky lending but by an improving economy, low mortgage rates and a shortage of homes for sale.

Purchases of previously owned homes, which account for about 90 percent of the market, were projected to climb to a 5.26 million rate in May, according to a Bloomberg survey of 71 economists.

«[Chief economist Jonathan] Smoke and his team looked at the median number of days homes spent on the market to gauge the supply of homes for sale, and the number of listing views per market to arrive at a list of the 20 hottest real estate markets in the country.»

At the end of 2015, Zillow surveyed dozens of economists and housing analysts about home price trends in the United States.