«However, with supply edging higher in most major centres and few markets
reporting tight inventory levels, we are seeing a return to more balanced conditions.
Not exact matches
Monday's
report suggested
tight inventory may be weighing on sales.
«While housing
inventory is still
tight, we expect the increased construction of new homes to help reduce the pressure on house price appreciation, which is currently at an annual rate of around 7 percent,» Freddie Mac
reported.
Assist in physical
inventories - Keep appropriate records and
reports to guarantee that
tight inventory control and security are maintained.
[break] The National Association of Realtors
reported increases in existing home sales in every region but the West, where
inventory remains very
tight.
«The bidding wars caused by
tight inventory provide the latest evidence that housing demand is starting to pick up after a six - year - long slump,» The Wall Street Journal
reports.
The
report also indicates that
tight inventory conditions have plagued the industry, yet has sped up the time it takes for a buyer to find their home.
The two - county area
reports another month of
tight inventory, pressuring median prices to rise again.
Despite
tight housing
inventories and rising home prices, the homeownership rate rose slightly in the third quarter and reaching the highest level since 2014, the U.S. Census Bureau
reported Tuesday.
Luxury brokers around the nation
report little change in their markets in recent months, unlike the
tight inventories and rising prices among entry - level homes found in almost market in the country.
While
inventory and days on market was up virtually across the board, several markets
reported tighter conditions in the lower end of the market, where demand and buyer activity remains healthy, it says.
The
report says supply is adequate in most markets, but heated activity in the lower end has resulted in
tight inventory levels for entry - level product in 18 per cent of markets including: Bancroft, Combermere, Honey Harbour / Port Severn, West Kawarthas, Orillia, Flesherton, North Saskatchewan and Salt Spring Island.
Winnipeg
reported strong double - digit average price appreciation during the fourth quarter due to unseasonably warm fall weather and
tight inventory.
The
report further stated that speculation about what the impact of the resulting «historically low interest rates,
tight inventory, and rising prices» would be on the market for the rest of the year.
A persistent
tight inventory of homes for sale is holding back sales but pushing up home prices in most areas of the country, Lawrence Yun, NAR's chief economist, said in the
report.
Higher housing values,
tight inventory levels, and all - out bidding wars have yet to deter first - time buyers in major Canadian centres this year, says a new
report by Re / Max.
Gains in home sales will be limited by continuing
tight inventory in many markets, however, the
report anticipates sales to rise about 5 to 6 percent in 2014 from 2013 levels.
NAR members continue to
report the biggest obstacle to any real estate transaction is obtaining a mortgage (cited by one in three respondents) and
tight inventory levels (25 percent
report difficulty in finding the right property).