This growth was driven by the semi-detached, townhouse and condominium apartment market segments that continued to experience high single - digit or double digit year -
over-year average price increases.
In the second quarter, standard two - storey homes and detached bungalows both showed a year -
over-year average price increase of 2.7 per cent to $ 419,614 and $ 386,547, respectively.
Not exact matches
For example, the
average price of a two - storey home
increased 5.4 per cent to $ 428,943 in the quarter, while detached bungalows rose 4.4 per cent year -
over-year to $ 380,765.
Fourth - quarter revenue was $ 452 million, a 45 per cent
increase year -
over-year, driven by
increases in shipping volumes and
average selling
prices.
The tablet market grew 75.3 percent year -
over-year, and
increased 74.3 percent from the previous quarter's total of 30.1 million units, helped along by holiday purchases, lower
average selling
prices and a wider range of products.
DIV STRK is consecutive years of dividend
increases; DIV YLD is yield using the most recently announced dividend; 5 YR YLD is
average dividend yield over the past 5 years; REC DG is most recent year -
over-year dividend growth; 5 YR DG is
average annual dividend growth over the past 5 years;
PRICE was at market close Friday, March 2; FAIR VAL is Morningstar's «Fair Value Estimate»; FWD P / E is price / earnings ratio based on projected 2018 earnings; 5 YR P / E is average P / E ratio over the past 5 years; MOAT is Morningstar's rating of competitive economic advantage; SFT is Value Line's «Safety» score; CRD is Standard & Poor's credit rating; MKT CAP is market cap in billions of dol
PRICE was at market close Friday, March 2; FAIR VAL is Morningstar's «Fair Value Estimate»; FWD P / E is
price / earnings ratio based on projected 2018 earnings; 5 YR P / E is average P / E ratio over the past 5 years; MOAT is Morningstar's rating of competitive economic advantage; SFT is Value Line's «Safety» score; CRD is Standard & Poor's credit rating; MKT CAP is market cap in billions of dol
price / earnings ratio based on projected 2018 earnings; 5 YR P / E is
average P / E ratio over the past 5 years; MOAT is Morningstar's rating of competitive economic advantage; SFT is Value Line's «Safety» score; CRD is Standard & Poor's credit rating; MKT CAP is market cap in billions of dollars.
As of September last year, the national
average price of a two - storey single family detached home
increased by 9 %, year -
over-year, while the national
average price of a bungalow rose by 6.5 % in the same time period.
Royal LePage is forecasting that by the end of 2010, home
price appreciation will
average 6.8 percent year -
over-year, while home sales will
increase by just over one percent compared to 2009.
Per - room
pricing strengthened 24 per cent year -
over-year,
increasing from an
average of $ 69,000 to $ 86,000 due to more aggressive purchaser underwriting as well as the class of assets being brought to market, says CB Richard Ellis.
«Median home
prices increased on a year -
over-year basis for the 18th consecutive quarter in Q3 2016, and homeowners who sold in the third quarter had owned their home an
average of 7.94 years — a new high in our data and substantially higher than the
average homeownership tenure of 4.26 years pre-recession.
Sales in this
price category have experienced the highest
average year -
over-year growth of all
price categories since 1996,
increasing at an
average of 38 per cent every year.
The
average price of a standard bungalow experienced the highest appreciation, rising by 7.4 per cent to $ 265,405, followed by a standard condominium, which
increased to $ 185,195 (+6.8 per cent), and a standard two - storey home, which rose to $ 324,066 (+6.7 per cent), year -
over-year.
At $ 303,836,
average price was up by 12.9 per cent year -
over-year — the biggest year -
over-year increase since May 2004 and the highest level on record.
Canada's housing market showed «remarkable strength» in the traditionally slower fourth quarter as sales activity in most major markets stimulated «robust» year -
over-year increases in
average prices, says a fourth quarter report released today by Royal LePage Real Estate Services.
Of the housing types surveyed for the report, the highest
average price appreciation occurred in detached bungalows, which rose to $ 292,237 (+15.6 per cent) year -
over-year, followed by standard condominiums, which rose to $ 208,403 (+14.2 per cent), and standard two - storey properties, which
increased to $ 351,367 (+13.3 per cent).
Detached bungalows rose by 5.9 per cent year -
over-year and standard two - storey homes made gains of 6.7 per cent, while the
average price of a standard condominium
increased by 6.0.
Average home
prices in this region are expected to remain steady over the balance of 2013, with a projected
increase of 1.2 per cent year -
over-year.
Miami
Average list
price: $ 640,332 Year -
over-year increase: 27.4 % 2.
Prices are rising in Florida: Florida cities have had the largest year - over-year increases in average list prices, according to the latest real estate data from Realto
Prices are rising in Florida: Florida cities have had the largest year -
over-year increases in
average list
prices, according to the latest real estate data from Realto
prices, according to the latest real estate data from Realtor.com.
Here are the top 15 cities boasting the highest percentage of year -
over-year increases in
average list
prices.
Nashville's 9.30 percent year -
over-year rental
price increase was the 13th - highest in the U.S. and almost 90 percent higher than the national
average during that period.
The national
average sale
price increased 17 per cent, year -
over-year, in January, according to the Canadian Real Estate Association (CREA).
Of the housing types surveyed, the highest
average price appreciation occurred in detached bungalows, which rose by 15.4 per cent to $ 338,738, followed by standard two - storey properties, which rose to $ 399,469 (13.2 per cent), and standard condominiums, which
increased to $ 238,784 (15.1 per cent), year -
over-year.
The Survey of Canadian
Average Prices in the Third Quarter report shows that of the housing types surveyed, the highest average price appreciation occurred in detached bungalows, which rose to $ 300,365 (+16.3 per cent) year - over-year, followed by standard condominiums, which rose to $ 211,562 (+14.2 per cent), and standard two - storey properties, which increased to $ 365,380 (+13.2 per
Average Prices in the Third Quarter report shows that of the housing types surveyed, the highest
average price appreciation occurred in detached bungalows, which rose to $ 300,365 (+16.3 per cent) year - over-year, followed by standard condominiums, which rose to $ 211,562 (+14.2 per cent), and standard two - storey properties, which increased to $ 365,380 (+13.2 per
average price appreciation occurred in detached bungalows, which rose to $ 300,365 (+16.3 per cent) year -
over-year, followed by standard condominiums, which rose to $ 211,562 (+14.2 per cent), and standard two - storey properties, which
increased to $ 365,380 (+13.2 per cent).
The company's year - end report says that of the 83 markets examined across the country, the
average price of a standard condominium experienced the greatest appreciation in 2006, rising by 16.8 per cent to $ 218,015, followed by a detached bungalow, which
increased by 16.2 per cent to $ 304,271, and a standard two - storey property, which rose by 13.4 per cent to $ 366,839, year -
over-year.
«Our local residential real estate market continues to show solid
price growth and unit sales,» says Craig who points out that year -
over-year price appreciation peaked in April of this year when the
average price of a detached home
increased 40 percent to $ 594,108.
Changes in year -
over-year average sale
price in the military markets analyzed range from a 9 percent
increase in San Diego, California, to a 7.6 percent decrease in Panama City, Florida.
Based on the company's closed and open sales activity in July, Realogy expects third quarter home - sale transaction sides to
increase between 0 percent to 2 percent year -
over-year and
average home - sale
price to
increase in the 4 percent to 5 percent range year -
over-year.
Markets in Leesville, Louisiana, and Colorado Springs, Colorado, saw
price increases averaging around 4.3 percent, while home
prices in El Paso, Texas, remained relatively flat at a 1 percent
increase year -
over-year.