Sentences with phrase «plunge in home prices»

We do recall in the last recession the national plunge in home prices was followed shortly by a general plunge in commercial space.

Now more than ever, these types of loans are increasingly difficult to obtain, due in large part to the plunge in home prices during the recession.

Not exact matches

The number of Canadian homes sold in March plunged 23 per cent and the national average price was down 10 per cent from the same month last year amid double - digit plunges in most housing markets across the country, according to the latest monthly sales data released Friday.

But Schembri's speech showed that the Bank of Canada remains more concerned about the 18 % plunge in Canadian commodity prices this year than the 10 % jump in the average national resale price of homes since 2013.

Residents see effects of oil's price plunge from the «reduced» banners over lingering home sale signs to the empty desks and floors in downtown office towers.

However, he said the MLS home price index composite benchmark, which strips out the impact of changes in the mix of home sales, was down 5.2 % compared with a year ago and the number of new listings in April had plunged to 16,273, a 24.6 % decrease from the 21,571 listings seen last year at the same time.

While real estate Vancouver is doing pretty well in June, Toronto on the other hand sinks deeper into the red: — Home sales in GTA plunge in June Greater Toronto Area home sales plunge 37.3 % in June despite a jump in listings The average price of a home sold in the Greater Toronto Area was... Read Home sales in GTA plunge in June Greater Toronto Area home sales plunge 37.3 % in June despite a jump in listings The average price of a home sold in the Greater Toronto Area was... Read home sales plunge 37.3 % in June despite a jump in listings The average price of a home sold in the Greater Toronto Area was... Read home sold in the Greater Toronto Area was... Read More

But a collapse in home prices in 2021 will lead to much lower home assessments in 2022 and school districts all across the state will be plunged into crisis mode.

Our reasoning was that places where homes are affordable are places where real estate prices are solidly rooted in economic fundamentals and are therefore unlikely to plunge.

And like home prices in Atlanta during the financial crisis, prices of EM equities have plunged as credit conditions have tightened.

Home prices rose steadily in the 1970s,»80s,»90s and 2000s before plunging around 2007, and in the past few years they have been climbing again.

While we don't know the chances that either stocks or home prices will plunge in 2014, the collateral damage from either will be less than it was in 2008 because the underlying leverage in the economy is substantially smaller today than it was back then.

Moreover, the plunge in U.S. home prices in the past few years is likely to make home buyers much less eager to bid prices up.

One positive upside to plunging oil prices is that home ownership in Calgary is becoming more affordable.

«Strong home price appreciation has turned into a double - edged sword for the housing market as it boosted the net share of consumers saying it's a good time to sell to a record high, surpassing the plunging good time to buy indicator for the first time in the history of the survey.»

The stock market again approached lows not seen since the 1990s, and the Case - Shiller U.S. Home Price Index showed that home prices plunged 18.2 % nationally from the same period a year ago — the largest drop in its 21 - year histHome Price Index showed that home prices plunged 18.2 % nationally from the same period a year ago — the largest drop in its 21 - year histhome prices plunged 18.2 % nationally from the same period a year ago — the largest drop in its 21 - year history.

After four years of plunging home prices, the most attractive asset class in America is housing.

The slumping oilpatch is continuing to hit the Fort McMurray housing market, where the average MLS sale price of a home plunged by more than $ 117,000 in October.

«Canada's real estate industry organization says the number of homes sold in March plunged 22.7 % and the national average price was down 10.4 % from the same month last year.

Supply conditions are particularly tight in the lower - priced segment of the market, as inventory for homes priced below $ 300k plunged more than 50 percent from the previous year.»

Home prices peaked in most of the country in early 2005, but the downturn prompted prices to plunge in most markets starting in 2007.