For a time,
rising house prices became a self - fulfilling prophecy, but ultimately, further appreciation could not be sustained, and house prices collapsed.»
Not exact matches
In tandem, if wages do not
rise at the rate of
house -
price growth, then buying a property
becomes more and more unaffordable.
But with home
prices rising steadily across the country, some
housing markets are becoming too expensive for a Federal Housing Administration - insured hom
housing markets are
becoming too expensive for a Federal
Housing Administration - insured hom
Housing Administration - insured home loan.
So long as the population grows, and
becomes richer, real
house prices should on balance
rise.
To make things worse, Canada's economy has been hit hard by falling oil
prices, and investors remain wary of a Canadian
housing market that has shown signs of
becoming a bubble, as well as
rising consumer debt rates.
That this
House: (1) notes with concern the impact on the Dairy Industry of the Coles milk
pricing strategy and that: (a) dairy farmers around the country are today seriously questioning their future having suffered through one of the worst decades in memory including droughts, floods,
price cuts and
rising cost of inputs such as energy and feed; (b) unsustainable retail milk
prices will, over time, compel processors to renegotiate contracts with dairy farmers and the prospect that these contracts will be below the cost of production may force many to leave the industry; (c) the fact that supermarkets are now selling milk cheaper than many varieties of bottled water will be the straw that finally breaks the camel's back for many dairy farmers; and (d) the risk of other potential impacts includes: (i) decreased competition as name brands are forced from the shelves; and (ii) the possible loss of fresh milk supplies to some parts of the country as local fresh milk industries
become unviable; and (2) calls on the Government to: (a) ask the ACCC to immediately examine the big supermarkets and milk wholesalers after recent
price cuts to ensure they do not have too much market power and are not anti-competitive in their behaviour; and (b) support the new Senate inquiry into the ongoing milk
price war between the country's major supermarket chains».
More likely though, is that commodities that are in short supply globally would
rise, like coal, steel, oil, gold, rare minerals, etc., and only after a while, would
housing prices rise, as nominal incomes
become large enough, and household formation great enough for the excess supply to disappear.
As people live longer and
house prices rise, it's
becoming an increasingly popular option for seniors who want to stay in their homes while still tapping its equity.
For those who must now postpone home purchases to save more, they are falling further behind as
house prices in many regions (and
prices of many goods and services across our economy),
rise and
become further out of reach.
As the
housing prices continue to
rise in San Francisco Bay Area, it will certainly
become harder to lien strip since more second mortgages will be secured.
Housing, just like the stock market, can
become speculative very easily because of the emotional aspects of the purchasing process and the vast invested interests of industry to have home
prices continually
rise.
The
House of Lords recognised that the issue in this case was a matter of general public interest and Lord Hope noted that the problem «has become an increasingly pressing social problem, as house prices rise and more and more people are living together without getting married or entering into a civil partnership&ra
House of Lords recognised that the issue in this case was a matter of general public interest and Lord Hope noted that the problem «has
become an increasingly pressing social problem, as
house prices rise and more and more people are living together without getting married or entering into a civil partnership&ra
house prices rise and more and more people are living together without getting married or entering into a civil partnership».
(TNS)-- Breaking into the home equity nest egg is
becoming a very real possibility for more Americans as home
prices rise — but raiding the
house bank is not as easy as it was before the recession, and not everyone meets the requirements to borrow from home equity.
Particularly in the past year, and as home
prices rise, delinquent borrowers have
become more upbeat about
housing, the survey shows.
Simultaneously, most renters believe all
housing is
becoming costlier, with 57 percent believing home
prices have increased, and 56 percent viewing rents as on the
rise.
While
rising rents and home values have benefited many along the way, they have
become enough of a burden on young adults and families that a new political movement has emerged; this movement argues that more homes must be built in order to mitigate
housing price appreciation and allow more people to live where they wish.
«The Dallas - Fort Worth metro area has avoided
becoming a victim of its own success, although
rising demand is pushing up the
price of
housing in the market.»
This is despite the fact that the
housing sector, which has
become a bright spot in the economy since home
prices began to rebound in 2012, is expected to provide a
rising contribution to GDP in 2013 and in coming years.
•
Price growth expectations — Expectations of
rising house prices motivate households planning to
become homeowners to purchase a
house earlier than later.
«As
house prices rise outside of their historical range they
become much more susceptible to mortgage rate changes.
Just as Orlando's
housing market had neared the tipping point of
becoming a buyers» market, low interest rates helped boost sales and cut into what had been a mounting inventory of listings, a new report shows.Median sales
prices rose from $ 165,000 in...
In addition, the uptick in the share of 2012 and 2013 mortgage originations that subsequently
became underwater, combined with a decline in the serious delinquency rate for mortgages originated in those same years, may indicate that
rising house prices are convincing these underwater borrowers to continue servicing their mortgage.
But home
prices have
risen since 2016, and the state's
housing market has
become more competitive as the supply of homes for sale has dropped, according to the Indiana Association of Realtors.