Not exact matches
The problem we're facing is that certain law schools (Ottawa, Queen's, Bond University) are increasing the
supply of would - be lawyers at a time when demand for legal services is
shrinking (a point that was driven
home last week by the implosion
of Heenan Blaikie).
At the same time, the
supply of homes for sale has barely kept pace with demand and the inventory
of new or existing
homes for sale
shrunk down to only a four - month
supply.
Some real estate markets are reporting that
home buyers are having to pay more than asking price to get the
home they desire, as the
supply of for - sale
homes has
shrunk, Bloomberg News reports.
But with the diminished
supply of distressed
homes and the return on rentals
shrinking, the single family rental industry is at a crossroads.
Last year the
supply of bargain - basement, foreclosure
homes shrank, as banks temporarily stopped trying to repossess properties to review possible paperwork errors.
«Builders are reporting increasing demand for new
homes as inventories
of foreclosed and distressed properties begin to
shrink in markets across the country,» says NAHB Chairman Barry Rutenberg, a
home builder from Gainesville, Fla. «In view
of the tightening
supply and other improving conditions, many potential buyers who were on the fence are now motivated to move forward with a purchase in order to take advantage
of today's favorable prices and interest rates.»