Sentences with phrase «slowdown in housing»

While the figures back the notion of slowdown in the housing market, the signals are mixed.
Expect a modest slowdown in housing activity and more demand for cheaper housing with the new qualifying mortgage rate, some experts say.
This morning's release of the Canadian Real Estate Association (CREA) data for May confirmed earlier data from the Toronto Real Estate Board (TREB) pointing to a marked slowdown in housing activity in the Greater Toronto Area (GTA) since the late April announcement of the 15 % foreign tax credit and the sixteen point program to enhance...
What's happening in Toronto and Vancouver today marks the start of a much broader slowdown in housing.
The fees are one of many factors driving up the cost of buying or renting a home, including income inequality, restrictive zoning, low construction productivity, a historic slowdown in housing production, and high prices for land, materials, and labor.
Fifteen states have reported deficits or projected lower - than - expected revenues for fiscal 2008, largely because of the nationwide slowdown in the housing market.
«The mild deterioration in housing affordability is likely to lead to a moderately slower pace of demand for new and existing homes in 2006 and 2007, but it will be a controlled slowdown in the housing markets as both new supply and demand are expected to cool simultaneously,» says Holt.
In a research note out Tuesday, Goldman Sachs economists suggested a February slowdown in housing inflation was likely temporary.
While the number of Canadians who would «buy now», rather than wait until next year is still strong at 52 per cent, it has dipped from 58 per cent in 2007, suggesting a potential slowdown in the housing market.
«While the increase in spending and borrowing will help support economic growth, households are increasingly becoming more vulnerable to a potential interest rate shock or slowdown in the housing market
«If rates stick at these levels, expect a final burst of home sales and refinances as «fence sitters» try to beat further increases, then a marked slowdown in housing activity
Even a slowdown in house price appreciation, let alone a correction, would bring an end to that.
Timber's fortunes are often tied into serious world events — when Japan rebuilds towns affected by the earthquake, it will need lumber; a slowdown in housing starts during the economic meltdown curtailed demand for timber.
«While prices can not rise indefinitely, there is no way to tell when rising prices and mortgage rates will force a slowdown in housing
Despite the slowdown in housing, furniture and appliance sales continued to strengthen.
A fall in housing loan approvals in November, and signs of a slowdown in the housing market, may presage some moderation in the pace of credit growth over coming months.
A slowdown in the housing market could have serious implications for those active in the housing market especially when the purchase of a dwelling is contingent upon the sale of an existing one.
The Haider - Moranis Bulletin in December 2017 also alerted the markets to such consumer responses and explained that a slowdown in housing sales in January 2018 would not «necessarily be a sign of weakening housing market, but rather a consequence of those purchases having been pulled forward ahead of the new regulations.»
Addressing the House of Commons Standing Committee on Finance earlier this week, Poloz identified two main contributors to a «slower - than - expected» economic growth in the first quarter of 2018: a slowdown in housing markets and weaker exports.
Did a slowdown in the housing markets take some shine off the Canadian economy this quarter?
Deputy governor Carolyn Wilkins says data backing the soft landing scenario includes a slowdown in housing starts, cooling in the construction of condos and the plateauing of household debt ratios, although at levels near those that existed prior to the U.S. meltdown in 2008.
Even a slowdown in house price appreciation, let alone a correction, would bring an end to that.
The Bank of Canada welcomes a slowdown in housing and borrowing activity.»
Judging from comments made by the CEO of the CMHC, a slowdown in housing is the intended result of the new rules.
Consumer spending is expected to continue to be a significant contributor to the economy, but the bank said it believes high levels of household debt and a slowdown in the housing market will weigh on spending.
«Where you struggle in is anything related to home: home furnishings, home décor, anything within that type of space seems to have its challenges, given the slowdown in housing development.»
While prices can not rise indefinitely, there is no way to tell when rising prices and mortgage rates will force a slowdown in housing
«We feel that the availability rate is rising because consumers have turned circumspect due to the slowdown in the housing market and that their spending is being affected by high gas prices, so retail space absorption is declining,» says Abigail Marks, an economist at Torto Wheaton.
«The slowdown in the housing market has certainly caused some consumers to take a step back and reevaluate their spending habits,» Marks explains.
For the second consecutive week, mortgage rates showed signs of receding, helping to «alleviate concerns over a slowdown in the housing market,» Freddie Mac said in its weekly mortgage market report.
With even the most bullish housing cheerleaders in the U.S. warning of a slowdown in the housing market, brokers should be worried about 2006,...
With even the most bullish housing cheerleaders in the U.S. warning of a slowdown in the housing market, brokers should be worried about 2006, right?
A slowdown in housing means higher unemployment, but more importantly, a slowdown in loan originations which is what is required to fuel the «pay - for» via the g - fee.
He said «there is no way to tell when rising prices and mortgage rates will force a slowdown in housing
The slowdown in housing gains expected is due to rising mortgage rate expectations and fewer investors offering all - cash deals as bargain home prices fade away, the letter states.
Soper says, «In the short term, the recession and the slowdown in housing markets will affect our business and place downward pressure on the fund's performance... While it will be a difficult year for real estate practitioners, we believe that a strong company such as ours may uncover new acquisition opportunities as weaker firms seek affiliation with an organization that is able to provide differentiating services to their agents.
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