Sentences with phrase «price growth nationally»
Compare that to 5.6 percent home price growth nationally.
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«Overall, annual house price growth nationally is most likely expected to slow to 1 - 4 % by the end of 2017.
Not exact matches
Fueled by a surge of renters across all age ranges, rental prices nationally have grown at roughly twice the pace of average hourly wage growth, which was a paltry 2.1 percent over the past year.
«While tight supply is expected to keep home prices on an upward trajectory in most metro areas in 2018, both the uptick in mortgage rates and the impact of the new tax law on some high - cost markets could cause price growth to moderate nationally,» said Yun.
Nationally the gain in prices works out to an uninspiring 5.31 % annual growth rate and Barrie, the best real estate market in the country according to the press release, posted annual price gains of 6.40 %.
Despite the slowdown in activity, price growth increased in the third quarter, as prices were up year - over-year by 7.5 percent, according to the RCA report, which also noted that prices are now 20 percent higher for all property types nationally compared to a decade ago when the world was on the verge of the financial crisis.
«While tight supply is expected to keep home prices on an upward trajectory in most metro areas in 2018, both the uptick in mortgage rates and the impact of the new tax law on some high - cost markets could cause price growth to moderate nationally,» Yun says.
Price growth (year over year) turned negative in the West and Northeast in July, and nationally in August.
Nationally, prices edged up 2.1 percent over the rolling quarter, a slight uptick over September's rate of growth.
«The lack of supply over the past year has been eye - opening, and is why, even with strong job creation pushing wages higher, home price gains — at 5.8 percent nationally in 2017 — doubled the pace of income growth and were even swifter in several markets,» says Yun.
«While tight supply is expected to keep home prices on an upward trajectory in most metro areas in 2018, both the uptick in mortgage rates and the impact of the new tax law on some high - cost markets could cause price growth to moderate nationally,» said Yun.
The rule of thumb is that when housing supply is unrestricted then housing prices will remain near construction cost, yet real construction costs increased just over ten percent nationally during the period.6 There can be several reasons why housing price growth exceeded the construction cost growth in some of the expansive cities.
However, home price growth is likely to remain solid nationally in the near term due to strong economic growth and tight supply.
While inventory strains are driving increases in home prices here in Las Vegas, we can't ignore the benefits of job growth, both locally and nationally.