Sentences with phrase «soaring house prices»

In Canada, due to our stricter housing regulations, we didn't have a real estate crisis like in the U.S., but with soaring housing prices in Vancouver and Toronto, the government wants to take every precaution necessary.

Historically the Central London market has been considered the best option for buy - to - let investment, however the city has been experiencing a prolonged slowdown for some time, with soaring house prices forcing thousands of people to move elsewhere.

However, Tal also acknowledged that such a tax is unlikely to have much impact on soaring house prices in Vancouver and Toronto since there's little evidence foreign buyers are more likely to flip a property than Canadian ones.

Soaring housing prices quickly plagued Russian's economy with one of the world's highest - priced living and business costs.

But alongside soaring house prices we've seen spiralling rents.

The mayor was elected to his first term on campaign promises to curtail police officers» use of stop - and - frisk, which critics argued was tantamount to racial profiling, and to increase affordable housing following years of luxury development and soaring housing prices under his predecessor, Michael R. Bloomberg.

People yearning for home ownership and parenthood can face an uphill battle in cities where soaring housing prices and costly daycare fees can be formidable.

Demographia says Toronto posted a year - on - year home - price increase equal to a year of household income and it says soaring house prices will undermine the city's recent best - city rating from The Economist Intelligence Unit.

But CMAC expects or hopes that these measures will help to curb soaring house prices.

That area is now filled with hipsters, cafes and craft - beer pubs accompanied by soaring house prices.

Upon her appointment, the San Francisco Chronicle described the center as «an organization that, in the midst of soaring housing prices resulting in displacement of grassroots arts, is seen by many as an essential part of the city's arts ecosystem, offering up an accessible space for artists and curators of all levels.»

Just don't have the misconception that Airbnb Inc. is to blame for soaring housing prices in Vancouver and Toronto!

Soaring house prices suggest a recovery in the housing market - and homeowners in the south - east see prices shoot up by almost 15 %, which is good news if you're selling...

Among those forces were the baby boom, in which post-World War II babies matured and entered the housing market; deregulation of the mortgage finance industry, which gave lenders the freedom to offer a wide variety of loans, and a high inflation rate that combined with soaring housing prices to convince consumers that home ownership was safe and sure.

TORONTO, August 30, 2016 - Soaring housing prices in Vancouver and Toronto continued to squeeze housing affordability at the national level in the second quarter, even though affordability was close to historical norms in most other Canadian markets, according to the Housing Trends and Affordability Report issued today by RBC Economics Research.

Soaring housing prices are squeezing out middle - class families and lower - income earners from many neighborhoods and creating a shortage of affordable housing, local officials say.

One of the most visible results of this shift has been soaring housing prices.

He also moved to cool down soaring housing prices, a move that made the bank unpopular for a while.

Stagnating incomes and soaring housing prices have led to an affordability crisis, and the government could make the argument that this should be addressed with a policy intervention.

Spending on eating out has also been in the spotlight in Australia's public debate about housing affordability and soaring house prices.

TORONTO — A new report suggests a foreign buyer tax alone can't solve Toronto's soaring housing prices.

Driving the crunch these days is the fact that soaring house prices have changed the fortunes of older and younger Canadians in a very different fashion.

Soaring house prices have made Canadians wealthy on paper, but what are households giving up in order to make their mortgage payments?

Soaring housing prices in the Bay Area mean average annual tech salaries of $ 142,000, the country's highest, don't compensate for the lower cost of living elsewhere.

New federal mortgage rules are creating a «policy ceiling» that will curb Toronto's soaring house prices this year, measures that would be partly offset by another Bank of Canada rate cut, the local real estate board said in a new forecast.

But following the 1990s recession and more recent financial crisis, coupled with soaring house prices, it seems that we're — in the words of Phil Spencer — more likely to love it than list it.