Not exact matches
The MLS
Home Price Index (HPI) was up 18.6 % year - on - year (y - o - y), boosted by a 30 % rise in Toronto, while the national average sale price increased 8.2 % y - o - y in March to an average of $ 548
Price Index (HPI) was up 18.6 % year - on - year (y - o - y),
boosted by a 30 %
rise in Toronto, while the national average sale
price increased 8.2 % y - o - y in March to an average of $ 548
price increased 8.2 % y - o - y in March to an average of $ 548,517.
Job growth,
rising home prices, and limited inventories are
boosting housing markets in the state, most notably in Stockton - Lodi; Bakersfield, Calif.; Fresno, Calif.; and San Jose - Sunnyvale - Santa Clara, Calif., according to realtor.com ®.
Rising home prices are helping to
boost sellers» confidence.
«
Home prices have ascended far past wage growth in much of the country in recent years because not enough homeowners are selling and home builders have not boosted production enough to meet rising demand,» says Lawrence Yun, NAR chief econom
Home prices have ascended far past wage growth in much of the country in recent years because not enough homeowners are selling and
home builders have not boosted production enough to meet rising demand,» says Lawrence Yun, NAR chief econom
home builders have not
boosted production enough to meet
rising demand,» says Lawrence Yun, NAR chief economist.
With
prices rising and new
home construction increasing, housing is finally providing the
boost to economic growth that the sector typically provides at the end of a recession.
One is low supply, but
rising building costs for lots, materials and labor will also
boost new
home sales
prices.
By next year, they project that
home prices will begin to
rise by 2 percent, and then get a larger
boost of 3.5 percent by 2014.
While
rising house
prices are
boosting equity for homeowners, the dearth of properties is sidelining first - time buyers from the market, hurting
home sales.