Lawrence Yun, NAR chief economist,
says moderating price growth and sustained inventory levels are keeping conditions favorable for buyers.
Not exact matches
They
say there is a «
moderate» risk that housing
prices in those places could drop abruptly because values long ago broke their tether with fundamentals.
«U.S. growth of 0.6 million barrels a day in 2017 beat all expectations, even with a
moderate price response to the output deal as the shale industry bounced back — profiting from cost cuts, stepped up drilling activity and efficiency measures enforced during the downturn,» the group
said.
Clear Capital
says prices declined 4.1 % in 2010 and are likely to continue declining at a more
moderate pace of 3.6 % in 2011 (via Housing Wire):
«I believe we are in for much greater volatility in oil
prices for the foreseeable future and that's why you've seen Cenovus preserve cash by
moderating our growth and reducing our workforce,» CEO Brian Ferguson
said in announcing the job cuts.
After eight years, Ontario's green energy policies have yielded
moderate environmental gains while drastically increasing energy
prices,
says a new report from the C.D. Howe Institute.
This turmoil has confirmed what our central banker, Mark Carney,
said in his statement last week: that the economy is growing, in both Canada and globally, but the recovery is still fragile, especially in the US and the Euro - periphery, and that while food and gas
prices have pushed up inflation, it should
moderate from here.
3 While there are actually three discrete objectives in the dual mandate, most economists would
say that
moderate long - term interest rates are a tool to produce maximum employment and
price stability.
«While tight supply is expected to keep home
prices on an upward trajectory in most metro areas in 2018, both the uptick in mortgage rates and the impact of the new tax law on some high - cost markets could cause
price growth to
moderate nationally,»
said Yun.
Jason Mercer, TREB director of market analysis,
says the dramatic year - over-year differences «mask the fact that market conditions should support
moderate increases in home
prices as we move through the second half of the year, particularly for condominium apartments and higher density lowrise home types.»
World milk
prices are expected to recover to
moderate levels in the short - term, the report
said, before taking the last five years of the reports prediction period to grow even larger.
«Our analysis of the energy
price shock and top of the housing cycle, means that we look for a
moderating consumer trend to continue,» UBS
said in a research note on Tuesday.
He
said the «milking platform approach», using off - farm winter grazing and
moderate amounts of feed supplements had worked for the past 8 to 10 years but that the costs of doing so had gone up quicker than the milk
price.
Handlon
said Finish Line will serve a complete menu at
moderate prices.
She
said many failed to understand the limited impact minimum
pricing would have on
moderate drinkers.
«A lot of this response is based on a misunderstanding of how minimum
pricing works,» she
said, claiming an introduction of the
pricing rules would result in a
moderate drinker seeing their annual alcohol bill rise by just # 11.81.
Also, demand for the Mazda2 might recede if gasoline
prices moderate, he
said.
They
say there is a «
moderate» risk that housing
prices in those places could drop abruptly because values long ago broke their tether with fundamentals.
Because of the relatively low
price of silver, a considerable investment (
say $ 25,000) can purchase several tons of the metal, so it's unlikely large or even
moderate investors will own their entire precious metals allocation in physical silver.
«Then we've had an inflection point, and went into a
moderate positive trend since the beginning of 2013,»
said Mathieu Laberge, deputy chief economist at CMHC... which would be the «softlanding» policy makers want and a long way from dire predictions of a 10 - per - cent to 25 - percent
price crash... «I'd
say we feel good.
«Marchioro is seeing the buying trend increasing on high - quality and
moderate to high
price - point carriers,»
says Forgette, whose company manufactures high - quality plastic and wire products for the pet and garden industries.
Analysts
say that the companies that make major plant components will gear up to meet new demand and eventually
price increases will
moderate.
The report
says: «Without the increase in biofuels, global wheat and maize stocks would not have declined appreciably and
price increases due to other factors would have been
moderate.»
Get fuel injectors cleaned «Gas
prices have reached levels that are causing consumers to take steps they may not have when pump
prices were more
moderate to improve fuel economy and save a few dollars,»
said Jack Nerad, executive editorial director and executive market analyst for Kelley Blue Book (KBB).
«Demand and
prices had been increasing at unsustainable rates,»
says Larry Seay, chief financial officer of Meritage Homes Corp. «It is good for the industry to take a little breather, let the land market
moderate, and get to a more normal rate of growth and house -
price appreciation.»
«The ramp - up in housing starts in October is a hopeful sign that overall supply can steadily increase enough to provide more choices for buyers and also
moderate price growth,»
said Yun.
What makes that boost doubly effective is the impact it will have on the
price investors pay to become equity investors in low - and
moderate - income rental projects,
says Michael Pitchford, senior vice president of Bank of America in Charlotte, N.C., and president of the National Housing Conference.
«Home sales improved over the summer once inventory increased,
prices moderated and economic growth accelerated,» he
said.
«While tight supply is expected to keep home
prices on an upward trajectory in most metro areas in 2018, both the uptick in mortgage rates and the impact of the new tax law on some high - cost markets could cause
price growth to
moderate nationally,» Yun
says.
Although no one likes to see low average
price gains, a
moderate slowing is essential for restoring vitality to the market,
says Lereah.
«That in itself hurts housing affordability — but factors that can help with affordability are more income to households (possibly a second income - earner getting a job) and if home
prices can finally
moderate,» Yun
said.
In Central and Atlantic Canada, a sound growing economy is fuelling generous activity levels and
moderate price increases; in the roaring West, demand for home ownership is overwhelming supply, and
prices have surged upward,»
says Phil Soper, president and chief executive officer, Royal LePage
«While tight supply is expected to keep home
prices on an upward trajectory in most metro areas in 2018, both the uptick in mortgage rates and the impact of the new tax law on some high - cost markets could cause
price growth to
moderate nationally,»
said Yun.
That
said, we do expect
price increases to
moderate.
Bishop
said a recent increase in mortgage rates should not be concerning given the
moderate prices in the area's real estate market and a growing local economy.
Similarly, Royal LePage
says strong consumer confidence and a thriving economy in Montreal drove purchasers to the market, resulting in
moderate price increases and record - breaking levels for units sold.
Wide regional variances continued to be the dominant characteristic in the market, with frenzied levels of activity and double digit
price gains in the energy and commodity rich Western provinces, and more reasonable sales volumes and
moderate price appreciation in Ontario, Quebec and Atlantic Canada,
says Royal LePage.
Québec City's condo starts will start to return to a long - term average, with average resale
prices expected to show a
moderate rise of 1.1 per cent in 2013 and 1.9 per cent in 2014, which will allow demand to increase until 2016 as it catches up with supply,
says the report.
In Ontario, dropping off from the growth peaks in house
prices and incomes seen several quarters ago, the housing market has now cooled to more
moderate levels,
says the report.
A new forecast from Royal LePage
says Canada's housing market is «poised for continued, yet
moderate growth with average house
prices forecast to rise by 6.5 per cent to $ 293,000» in 2007.
Still, given an over-correction in
prices, there likely will be
moderate appreciation in 2012,» Yun
said.
A new forecast from Royal LePage
says Canada's housing market is «poised for continued, yet
moderate growth with average house
prices forecast to rise...
«[2016]'s
moderate gains in existing
prices and sales, versus the accelerated growth we've seen in previous years, indicate that we are entering a normal, but healthy housing market,»
said Jonathan Smoke, chief economist at Realtor.com.
After posting their strongest increase in 16 years in 2005 (10.2 per cent), house
price growth in 2006 will
moderate to 4.9 per cent as existing home markets become more balanced, CMHC
says.