Sentences with phrase «soaring home prices»

Over the past decade, sale times across the city have been declining despite soaring home prices.
Finance Minister Charles Sousa said Tuesday that «something must be done» to deal with soaring home prices in Toronto, especially for first - time buyers who find it near impossible to save a big enough down payment to enter the market.
Earlier this month, the Organization for Economic Co-operation and Development urged Ottawa to introduce new measures to reduce some of the risk associated with soaring home prices and household debt levels in Toronto and Vancouver.
Poloz shot down any suggestion the Bank's easy money policy is responsible for soaring home prices
Of course, that means San Francisco and other cities with booming economies but soaring home prices didn't make the cut.
Government measures implemented to slow soaring home prices in Hong Kong didn't work in 2012.
It single - handedly lifted us out of the Great Recession, while soaring home prices made homeowners feel richer, spurring them to borrow and spend at a time when other parts of the economy, such as manufacturing and exports, have stagnated.
TORONTO — The Ontario government is expected to unveil a suite of housing affordability measures in the coming days aimed at cooling soaring home prices in the Greater Toronto Area.
A new tariff on Canadian lumber threatens to squeeze an already tight housing inventory and further drive up soaring home prices.
Renovation contractors say soaring home prices in Toronto and Vancouver are encouraging many homeowners to pursue renovations instead of shopping for new homes.
Los Angeles Mayor Eric Garcetti and other supporters hope the relaxed rules will spur backyard home building to combat a housing shortage that, by one estimate, leaves the state annually more than 100,000 new units behind what's needed to keep pace with soaring home prices.
Despite soaring home prices, other factors needed to inflate a housing bubble are absent from the real estate market.
Soaring home prices in Toronto and Vancouver are testing levels of affordability not seen since the early 1990s, when the country was in a recession and mortgage rates were north of 10 per cent.
A basic beginner's explanation for our soaring home prices in King County: There are a lot more people searching for homes, and far fewer homes available for them to buy.
Housing is set to play a central role in the provincial election in June with the opposition Progressive Conservatives accusing the ruling Liberal party of contributing to soaring home prices with excessive regulation.
The move was a response to growing concerns about rising household debt levels, which are at record highs relative to income, and soaring home prices, particularly in Toronto and Vancouver.
Charters attributes the renovation boom to rock - bottom interest rates and soaring home prices, which mean that many people who bought properties years ago, when they were cheaper, now have excess equity in their homes.
Fee - only planner Jason Heath says the rise is due to soaring home prices in Canada, allowing seniors with limited income to use reverse mortgages to tap into their growing home equity.
A synchronized global recovery and rising global trade volumes are backstopping the growth, along with the bottoming out of the oil shock in western Canada and soaring home prices in Toronto and Vancouver — from a report in the Toronto Star.
Soaring home prices have driven up the number of families living with relatives by 95 percent from 26,685 in 1980 to 52,008 in 2000, or 3.3 percent of households statewide, according to the University of Massachusetts.
Soaring home prices in the Bay Area also was a flashpoint for many, forcing residents to move farther inland, with some commuting to San Francisco from as far away as Sacramento, policy advocates said.
TORONTO — The Organization for Economic Co-operation and Development says Ottawa needs to introduce measures aimed at reducing some of the risk associated with soaring home prices and household debt levels in Toronto and Vancouver.
If you live here in Vancouver I certainly don't need to tell you the issues plaguing us: soaring home prices, an inadequate supply of smaller units, too many water - damaged pairs of boots.
Soaring home prices are allowing more states to catch up to their home price peaks in 2006.
Could Soaring Home Prices Be Slowing Down?
The Bay Area's soaring home prices «definitely helped,» Eckstein says.
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