They have been trying to save a 10 % home deposit for several years, but
rising house prices keep pushing this goal beyond their reach.
Not exact matches
It also
kept house prices rising.
Rising house prices and the accompanying wealth effect, courtesy of ballooning equity lines of credit, have
kept the economy from faltering as business spending retrenches and exports disappoint — last year real estate was by far the largest contributor to GDP in seven of 10 provinces, including B.C. and Ontario.
The cheaper end of the New Zealand
housing market is struggling, while high -
priced property sales
keep rising.
The
housing prices may
keep rising because the Austin's population is growing faster than its
housing supply by 5.19 %.
So when home
prices rise significantly from one year to the next, federal
housing officials may increase loan limits to
keep pace.
It prevents bubbles, and it prevents investors buying
housing and
keeping it empty of tenants while waiting to flip it... because
prices aren't
rising, so there will be no flip.
Salaries have not
kept up with
housing prices and long commutes combine with
rising rents to create economic anxiety that affects teachers and may also affect their students.
This means as the interest rates
rise, sellers will be forced to
keep house prices low to attract reluctant buyers.
If rates are really low, asset
prices keep rising, so it's short - run logical to borrow against your
house and either double down on the stock market or buy an Escalade.
So I am looking for a simple, convincing argument for why
house prices just can't
keep rising indefinitely out of tune with peoples real income.
Even so, Kvick believes the couple would do fine financially if they bought a
house — provided
house prices keep rising at an annual rate of 4 % and mortgage rates stay under 6 %.
But the population has surged 3.54 % over the last four years, and as it
keeps going up,
house prices are likely to
rise too.
They're meant to help homeowners
keep up with
rising housing prices and to avoid real estate bubbles.
While
housing prices kept rising, aided by increasing buying power facilitated by poorly underwritten loans, the mortgage insurers happily clipped profits; their greatest worry was the banks eating their business through second lien loans.
So long as
housing prices kept rising, speculators (and people who did not know that they were speculators) showed up to buy homes.
there is a glut of
housing (many empty) because of overbuilding... because everyone saw the «rapidly
rising prices» of residential or rental real estate and wanted a piece of this HIGH RETURN, LOW RISK investment... add to this the banks relaxing credit standards and issuing mortgages... because, hey, real estate just
keeps going up, up, up... and with that leverage, etc..
It made sense that policyholders would want to
keep term insurance instead of expensive whole life insurance, especially here in Palo Alto or the Bay Area, where
housing prices and incomes were
rising very quickly and folks realized that they needed larger and larger amounts of term insurance to replace the income of the main breadwinner or to pay off a large mortgage at death.
«Ongoing job growth continues to fuel demand for
housing, while wage growth is helping to offset the effects of
rising mortgage rates and
keep home
prices affordable,» said Robert Dietz, chief economist at the NAHB, in a statement on the Index.
«However, builders need to continue to monitor
rising construction costs to
keep houses affordably
priced.»
«This measure shows that low mortgage rates are
keeping housing very affordable despite
housing prices rising faster than income.»
One of the 2018
housing market trends to
keep track of is the
rising prices.
Personal incomes aren't growing quick enough nationally to
keep up with
rising home
prices, but Atlanta is the nation's most affordable
housing market, a new report
«Tight inventories and a forecast of
rising mortgage interest rates through 2018 will
keep home
prices on a gradual upward path and slowly lessen
housing affordability in the quarters ahead.»
Personal incomes aren't growing quick enough nationally to
keep up with
rising home
prices, but Atlanta is the nation's most affordable
housing market, a new report from Interest.com says.
Ryan discusses the death of Osama Bin Laden; Ryan reviews the economic news of the week; Ryan notices the correlation between increased home sales and interest rate drops; Louis notes we can't expect the
housing market to be supported by further decreases in rates as they are already near historic lows; Ryan explains that interest rates change once every four hours; Ryan notes the difference between getting a quote and being locked in to an interest rate; Ryan advises the importance of
keeping in touch with your mortgage lender; Louis notes that interest rates change a lot faster than home
prices; Ryan notes that the consumer confidence was up, Ryan and Louis discuss the Fed's decision to
keep interest rates where they are and to continue the $ 600 billion QE2 program; Ryan and Louis discuss the Fed's view that inflation is nascent; Louis notes that not only does the Fed not see inflation that exists but disclaims any responsibility for it; Louis asserts that there is a correlation between oil
prices and Fed policy; Louis discusses Ben Bernanke's assertion that the Fed can't control oil
prices but that they somehow can control the impact of higher oil
prices on the rest of the economy; Louis also remarks on Bernanke's view of the dollar - the claim that a strong dollar can be achieved through the Fed's current policy as it is their belief that they are creating a sound economy and therefore a sound dollar; Louis notes the irony of the Fed chastising Congress» spendthrift ways — if the Fed did not monetize the debt, Congress could» nt spend; Louis noted that as Bernanke spoke the
prices of gold and silver
rose as it seemed that the Fed has no interest in cutting off the easy money; the current Fed policy will
keep interest rates low; Ryan notes that the Fed knows that they can't let interest rates
rise because of the
housing mess; Louis notes that the Fed has a Hobson's Choice - either
keep rates low or let interest rates
rise and cut off the recovery.