Sentences with phrase «sharp increases in home prices»

Speaking before the Neighborhood Housing Services in New York City, Gramlich noted that sharp increases in home prices across the nation have created an affordable housing squeeze.

The net result of this shortage of housing supply has been a sharp increase in home prices and an equally sharp decrease in affordability, leaving millions of would - be homeowners on the sidelines.

Not exact matches

While gasoline is relatively inelastic, a sharp increase in prices can cause quite a stir on the home front.

NAR Chief Economist Lawrence Yun discusses the sharp increase in existing - home sales and the acceleration in home prices recorded in March 2015.

«Fueled mostly by rising home sales and prices, the median gross income of a Realtor ® increased to $ 47,700 in 2013 from $ 43,500 in 2012, marking a 9.6 percent rise and a sharp gain from $ 34,900 in 2011,» he said.

«Incomes growing faster than home values is a promising sign for renters hoping to become homeowners — but they should still tread carefully in markets that have seen sharp price increases in recent years.»

Starter homes have seen the steepest price increases as well as sharp drops in inventory — and a greater proportion of them are fixer - uppers that require additional investment from buyers.

New - home sales dropped in June, but a sharp increase in prices and declining inventories may be signs the sluggish new - home market is finally showing signs of rebounding, the Commerce Department reports.