Sentences with phrase «pace of house price»

The continued and ongoing rapid pace of house price appreciation has prompted authorities to further tighten mortgage lending rules.

But, the pace of the house price changes has accelerated suggesting that the seasonal pattern is only part of the explanation.

With the housing market on the verge of the spring home - buying season, this is good news in an environment where historically low mortgage rates will help offset the pace of house price growth and lack of for - sale inventory in many markets.»

Not exact matches

Perth house prices were up slightly last month as the pace of growth across the nation's capital cities showed signs of slowing.

Clear Capital says prices declined 4.1 % in 2010 and are likely to continue declining at a more moderate pace of 3.6 % in 2011 (via Housing Wire):

One recent forecast for the Phoenix housing market suggests that home prices will rise at a more modest, but historically average, pace of around 3.5 % over the next year.

Professor Robert Shiller, Professor of Economics at Yale University, and David Blitzer, Managing Director and Chairman of the Index Committee at S&P Dow Jones Indices, discussed the overall health of the U.S. residential housing market and those factors that could impact the pace of recent home price increases during a live S&P Dow Jones Indices -LSB-...]

A major contributor to the weakening has been a drop - off in the pace of household spending, as wages growth and the rate of increase in housing prices have both slowed.

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.

According to Realtors, an uptick in existing U.S. home sales in the final three months of 2017 pulled down housing inventory to an all - time low, while keeping home - price growth at its recent robust pace.

Yet, this disparity in earning growth and the price of housing has done little to temper the pace of real estate transactions in this west coast city.

An uptick in existing - home sales in the final three months of 2017 pulled down housing inventory to an all - time low and kept home - price growth at its recent robust pace.

RBC says that housing markets across most of Canada are cooling gradually as the pace of price increases for all four housing classes slowed.

In Saskatchewan, even with slower house price growth, the province still saw a mild deterioration in affordability as a result of a slowdown in the pace of year over year income growth, higher utility costs and higher mortgage rates, says the report.

«Housing affordability remains a pressing issue with home - price growth increasing around four times the pace of wages,» says Yun.

Yet, this disparity in earning growth and the price of housing has done little to temper the pace of real estate transactions in this west coast city.

While housing remains under valued, housing bubble talk is premature, but the recent pace of price gains isn't sustainable.

U.S. home prices jumped in January from a year earlier at the fastest pace in nearly 2 1/2 years, as a tight supply of houses for sale spurred bidding wars in many cities.

Recent housing market forecasts for Las Vegas, Nevada suggest that home prices across the metro area could continue rising through 2018, though at a slower pace than the last couple of years.

One recent forecast for the Phoenix housing market suggests that home prices will rise at a more modest, but historically average, pace of around 3.5 % over the next year.

The increasingly competitive Greater Toronto Area real estate market is on pace for another year of record - breaking sales and double - digit price growth as buyers bid aggressively for the few houses on the market.

By: Danielle Kubes, Zoocasa Condominiums showed strong, double - digit price growth in December 2017, according to the Toronto Real Estate Board, far out - pacing all other forms of Toronto housing.

Positive economic news coupled with the slower pace of price growth we are now experiencing could prompt an improvement in the demand for ownership housing, over and above the regular seasonal bump, as we move through the fall,» continued Mr. Syrianos.

As the President of the REALTOR ® Association of Southwestern Illinois, Mike Gross puts it, «Now is a great time to take advantage of the unique opportunities of the Metro - East Housing Market... Interest rates are anticipated to inch higher, median home prices are stable, and homes are selling at a faster pace than years past, and sellers are seeing the benefits.

Condominiums showed strong, double - digit price growth in December 2017, according to the Toronto Real Estate Board, far out - pacing all other forms of Toronto housing.

«While 11 new housing markets were designated as improving in October, 92 metros retained their spots on the IMI and just seven slipped from the list,» notes Barry Rutenberg, chairman of the National Association of Home Builders (NAHB) and a home builder from Gainesville, Fla. «This is an encouraging sign that the housing recovery is proceeding at a steady pace as firming prices and employment help spur new building activity, which in turn generates new jobs and more home sales.»

The survey, conducted for FICO by the Professional Risk Managers» International Association (PRMIA), found lenders more bullish on the housing recovery than at any point in three years, with 71 percent of respondents saying home prices are «rising at a sustainable pace» in the context of mortgage lending risk.

Despite the uneven pace of price gains across different geographical markets, there are clear signs that the housing recovery is increasingly widespread.

More than half of housing markets saw home sale prices peak at the end of 2016, according to the National Association of REALTORS ®» (NAR) recently released quarterly report, contributing to the best quarterly sales pace of the year.

House prices still rose across Canada, but at a measured pace, and the number of homes available for sale rose to the more comfortable levels indicative of a healthy, balanced market,» says Phil Soper, president and chief executive, Royal LePage Real Estate Services.

The total value of the housing stock grew nearly 6 percent this year, a pace that will likely mean some American families are priced out of homeownership.»

Total housing inventory at the end of April rose 11.9 percent, a seasonal increase to 2.16 million existing homes available for sale, which represents a 5.2 - month supply at the current sales pace, compared with 4.7 months in March.Listed inventory is 13.6 percent below a year ago, when there was a 6.6 - month supply, with current availability tighter in the lower price ranges.

Interest rates that break through new lows weekly and prices that are 30 % less than they were just two ago should be attracting eager buyers to the housing market; but the snail pace of the economic recovery and worries about job security and economic insecurity keep them clinging to the fence.

In such a case, the analyst needs to examine recent percentage changes in prices, and assess whether they will continue at the same or different pace based on the prediction of demand - supply conditions in the local housing market during the forecast horizon.

«Purchasers simply refuse to be priced out of the market, even though household income has not kept pace with housing appreciation.

Rics forecasts that the north west will outperform in terms of property price growth, and as rents are predicted to rise at a faster pace than house prices, now is the time to consider investment.