Ironically, the lack of refinance options, combined with
rising residential real estate prices, may actually put homeownership even further out of reach for younger households with student debt.
The government is trying to
support residential real estate prices, rather than letting the system clear by letting prices fall further, and letting the financial system absorb large losses.
The S&P CoreLogic Case - Shiller Home Price Indices are the leading measures of
U.S. residential real estate prices, tracking changes in the value of residential real estate both nationally as well as in 20 metropolitan regions.
We don't know just how price sensitive foreign investors might be to property in Vancouver, but we do have subjective evidence that some foreign buyers have driven up
residential real estate prices very rapidly, especially in multiple bidding situations, with little concern for inherent value.
In the face of this,
residential real estate prices continue to rise, particularly in the hot coastal markets, which tells me that the price momentum can continue a little while longer until it fails because there is no incremental liquidity available to expand the bubbles.
Questions about how long this recovery can last and the potential for another housing bubble abound, and the latest UBS Global Real Estate Index points to several markets in
which residential real estate prices are in danger of overheating.
The mobile application allows users to obtain information
about residential real estate pricing trends in markets across Canada by accessing Centract's data and analytic products including Neighbourhood Reports and Heat Maps.
Orlando -
area residential real estate prices, including houses, townhomes and condos, reached a midpoint of $ 218,000 in May, up 7 percent from a year earlier and up about 1 percent from a month earlier.
These actions have kept the stock market buoyant and mortgage rates at historic lows, helping goose the housing market into a recovery after five years of
falling residential real estate prices.
The S&P CoreLogic Case - Shiller National Home Price Index, which tracks
U.S. residential real estate prices, released its latest results on August 29 with the headline «National Home Price Index Rises Again to All Time High.»
Residential real estate prices in South Florida have risen more than 4 % in the last year, far outpacing the national average, according to the S&P / Case - Shiller Home Price Index.
Ontario cities like Orillia experience double - digit increase in
residential real estate prices and sales.
Residential real estate prices are still weakening, and provide most of the drag on the US banking system and economy.
Falling
residential real estate prices, and the effect on mortgage default, and the effect on those that hold mortgage securities.
Despite economic setbacks,
residential real estate prices in the region have not seen the depreciation many onlookers had expected.
As it is, I expect
the residential real estate price slump to persist into 2009.
1) I don't think that
residential real estate prices are turning in general.
A warning to those who are looking for a quick recovery in
residential real estate prices: don't expect a quick recovery.
Ottawa has no further plans to clamp down on Canada's housing market, although the government remains fearful of the dangers of a continuing rise in
residential real estate prices.
«Centract possesses one of the largest national databases of
residential real estate prices and information in Canada,» says Rob Soja, vice-president of business development at Centract.