This was a huge year -
over-year price increase!
August marked the sixth straight month of year -
over-year price increase, which had not happened since early 2006, the REALTORS ® group said.
In April, Seattle led the way with a 12.9 % year -
over-year price increase, followed by Portland with 9.3 %, and Dallas with an 8.4 % increase.»
Forty - five of the 51 reported counties recorded a year -
over-year price increase, with 19 of them growing at double - digit rates.
«We are seeing a sustained increase in the market,» he notes, adding that by the end of 2014, the year -
over-year price increase may reach the mid-teens once again.
The national median existing single - family home price was $ 186,100 in the third quarter, up 7.6 percent from $ 173,000 in the third quarter of 2011, which is the strongest year -
over-year price increase since the first quarter of 2006 when the median price rose 9.4 percent.
NAR reported that April represented the 14th consecutive monthly year -
over-year price increase.
First - time investors tend to get skittish, taking out massive amounts of leverage the minute they see a year -
over-year price increase.
Only British Columbia, with 2.1 per cent inflation, and Ontario, with 1.8 per cent inflation, saw bigger year -
over-year price increases.
In Montreal, year -
over-year prices increased between 3.6 per cent for detached homes and 3.3 per cent for semi-detached, while prices for standard condominiums remained relatively flat.
Year -
over-year price increases entered double digit figures for the first time in a decade.
They question whether the year -
over-year price increases for condos — currently at 22 % in Vancouver — is the peak of the curve.
The median price in January 2013 was $ 173,600, 12.3 percent above the prior year, the 11th consecutive month of year -
over-year price increases.
The national median existing - home price3 for all housing types was $ 173,600 in January, up 12.3 percent from January 2012, which is the 11th consecutive month of year -
over-year price increases; that last occurred from July 2005 to May 2006.
The March increase is the strongest since November 2005 when it rose 12.9 percent from a year earlier, and the last time there were 13 consecutive months of year -
over-year price increases was from May 2005 to May 2006.
Sales have been above year - ago levels for 20 consecutive months, while prices show 12 consecutive months of year -
over-year price increases.
The last time there were 15 consecutive months of year -
over-year price increases was from March 2005 to May 2006.
The result has been some of the highest year -
over-year price increases that have been experienced in any region of this country in decades.
«What is remarkable is the length of time that this expansion has covered, over five years, rather than size of the year -
over-year price increases.
Recent double - digit, year -
over-year price increases are set to ease later this year and slow even more in 2014 in a more sustainable alignment with earnings.
The national median existing - home price for all housing types was $ 173,600 in January, up 12.3 percent from January 2012, which is the 11thconsecutive month of year -
over-year price increases; that last occurred from July 2005 to May 2006.
During August in the core Orlando market, year -
over-year prices increased 26 percent for short sales, which are bank - approved sales for less money than the mortgage owed on the property.
The last time there were 12 consecutive months of year -
over-year price increases was from June 2005 to May 2006.
Despite the western - biased growth, Warren says that virtually all of Canada's major urban markets are currently reporting year -
over-year price increases.
The last time there were 14 consecutive months of year -
over-year price increases was from April 2005 to May 2006.
Total sales have been above year - ago levels for 22 consecutive months, while prices show14 consecutive months of year -
over-year price increases.
This is the strongest year - over-year price gain since October 2005 when the median rose 16.6 percent, and marks 18 consecutive months of year -
over-year price increases.
Year -
over-year price increases entered double digit figures for the first time in a decade.
Not exact matches
The report stated home
prices in the borough are at a 10 - year high,
increasing 14.7 % year -
over-year, with inventory at a seven - year low.
The March
increase was the largest year -
over-year move since it hit 2.4 per cent in October 2014, just as the oil -
price slump was getting underway.
Nationally,
prices for detached bungalows
increased 7.5 % year -
over-year in Q2 2011 to $ 356,625; the cost for a standard two story home jumped 6.1 % to $ 390,163, while standard condominium
prices climbed 3.5 % to $ 238,064.
In response to the deflationary pressures on the CPI, the Bank of Canada will be forced to engage in expansionary monetary policy to counteract the 5 %
price drop (while also ensuring the 2 % year -
over-year increase in
prices continues as planned).
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 inflation target is expressed as the year -
over-year increase in the total consumer
price index (CPI)-- the most relevant measure of the cost of living for most Canadians.
Cobalt
prices have
increased by more than 47 % year -
over-year, one of the largest gains in the entire metals spectrum.
Lower year -
over-year increases in gas
prices, as well as more difficult comps resulted in slightly lower card sales growth than in the prior quarter year -
over-year increase.
Chinese government data show that
prices across 70 Chinese cities were 9.7 % higher in May than a year earlier, a larger year -
over-year increase than the 9.3 % last September, when the current round of housing controls were instituted.
Home
prices rose 5.5 % in the 12 months ending last November, a strong showing following a 4.3 % year -
over-year increase reading the month before, according to the S&P / Case - Shiller home -
price index.
On what the driving force behind the rally in crude oil
prices has been recently, Pickens said, «Now you are approaching 2 million barrels a day year -
over-year on
increase in demand.
Boston is a saturated, urban market, but supply is still short with demand
increasing year -
over-year and sales
prices continuing to
increase.
Median home
prices rose steadily in both cities as well, especially in Riverside (which recorded a 9 % year -
over-year increase in
prices).
Home
prices increased on both a month - to - month (April to May) and year -
over-year basis, in every county except San Francisco.
Data through August 2013, released today by S&P Dow Jones Indices for its S&P / Case - Shiller Home
Price Indices, the leading measure of U.S. home
prices, showed that the 10 - City and 20 - City Composites
increased 12.8 % year -
over-year.
Data through November 2013, released today by S&P Dow Jones Indices for its S&P / Case - Shiller Home
Price Indices, the leading measure of U.S. home
prices, showed that the 10 - City and 20 - City Composites
increased 13.8 % and 13.7 % year -
over-year.
Calgary saw an
increase of 10 per cent year -
over-year, while Vancouver's home
prices are up nine per cent in the year up to April.
By November 2014, home
prices rose at the pace of 4.6 %, on a year -
over-year basis, and disposable personal income
increased by 4.9 %, surpassing home
price appreciation.
Since I wrote about BNCC.pk, a lot has changed with the company: the stock
price has nearly quintupled, the assets and equity have both skyrocketed, and the company has been
increasing earnings at unfathomable rates (year -
over-year earnings growth was 505 %).
That's only the second time that year -
over-year increases have declined since
prices began recovering two years ago.
The most recent inflation data say
prices have
increased only 1.4 % year -
over-year.