Sentences with phrase «of housing supply»

The city currently has one of the lowest levels of housing supply of any city in the country.

The market reaches equilibrium at approximately 6 months of housing supply, with an even balance between supply and demand.

In the «number wars» of the 1950s and 60s, in a post-war state of desperation, election run - ups featured the battle of housing supply: who could promise more.

While existing - home sales started the year off at the highest annual rate in six months, a lack of housing supply continues to hamper growth.

Since then, a lack of housing supply and high demand have driven up home prices sharply and significantly reduced affordability.

However, in a market with a normal level of housing supply, condition becomes a huge issue.

Many California cities have had a shortage of housing supply in recent years, creating fierce competition among home buyers and driving prices north at a rapid pace.

«It is not just a question of housing supply and demand; it is rather a difference in the system of mortgage finance.»

This has a trickle down effect on the economy, because as restaurants more quickly turn over tables, they will need a consistent and high quality source of materials, be it food, kitchen equipment, front of house supplies, and / or the countless other odds and ends that a restaurant needs to operate.

The study, the first of its kind in Canada, covers 68 municipalities (including 18 of Canada's largest) and analyses the impact of five measures of land - use regulation — construction approval times, timeline uncertainty, regulatory costs and fees, rezoning and the effect council and community groups have on development — on the growth of housing supply.

The package will also deal with how to expedite the availability of housing supply, Sousa said, as the government has heard complaints from builders that the process is too cumbersome.

While this may not be an ideal solution to the problem, it would stop many foreclosures, allow people to stay in their homes, and most importantly would cut down on the amount of housing supply added to the market.

This jump may foreshadow a gradual return to more normal levels of housing supply from their lows of recent months.

The shortage of housing supply intensified further this year, leading to heightened market competition and more multiple offers, with more than seven of 10 home sales (72 percent) receiving multiple offers in 2013, up from 57 percent in 2012.

«Our members cite a lack of housing supply as the number one issue in the King County market,» said Sam DeBord, a broker with Coldwell... Read more

As the problems in Sweden's capital demonstrate, the issue of housing supply isn't nearly as critical as that of housing demand.

On one side of the gentrification problem, we have a paucity of housing supply.

According to the report: «Our data team ranked the country's 300 largest markets in terms of housing supply (measured by days on market) and demand (measured by listing views on our site) to come up with the top 20 hottest markets in the U.S. for this month.»

The economies of expansive cities generate strong demand for housing as well, but the unencumbered nature of their housing supply keeps home prices pegged to the cost of construction, and instead channels economic strength into greater population growth.

Dr. Raven Molloy discusses Long - Term Vacant Housing in the United States and what it means for the health of housing supply and the housing market.

Owners in neighboring areas, who would otherwise tend to side with those in the jurisdiction considering rent control, due to the similar threat posed against them, can be bribed away because the reduction of housing supply «next door» increases their demand and raises their rents.

And given that manufactured housing represents a small slice of the housing supply, it may not need securitization to thrive.

Overly burdensome barriers to developing new housing reduce the ability of housing supply to respond to demand, and cause higher housing costs for working families.

Employment is growing in the Seattle area, yet the ratio of listings to closed sales (months of housing supply) has declined steadily since 2012 (see chart).

Martin Ellis, housing economist from Halifax, said in a statement that while prices will be supported by the nation's evergreen problem of a lack of housing supply and cheap credit, demand will be dampened because people are struggling to truly afford buying a property (emphasis ours):

«For the most part, Canadian home buyers have been able to shrug off the gloomy stories of economic woe from south of the border, and are taking advantage of reasonable financing options and healthy levels of housing supply,» he says.

Some of the contributing causes of the current housing crisis — lack of housing supply, government inaction, greed, foreign ownership, the fact that some of the biggest donors to political parties are real estate developers, loopholes in rent control, the arrival of Airbnb — have previously been documented in the media.

Although the previous January existing - home sales report was hampered by a lack of housing supply, existing - home sales still surged to the highest annual rate in six month.

There were 4.7 months of housing supply in March, representing an increase of 16.8 percent from the 4 months of housing supply available in the area in March 2017.

Davis, a Royal Lepage agent in upscale central Toronto, said a lack of housing supply is pushing more buyers to make hard - to - resist deals days before the seller is slated to accept bids.

The net result of this shortage of housing supply has been a sharp increase in home prices and an equally sharp decrease in affordability, leaving millions of would - be homeowners on the sidelines.

The IMF estimates that property prices in Israel are about 25 % higher than their equilibrium values, due to low mortgage rates and a shortage of housing supply.