The study also found that the Western Cape has the lowest percentage of repeat buyers leaving the province as well as by far the strongest net inward migration of repeat buyers from other provinces, which is attributed to
its solid economic growth rate and perceptions of a high quality of life.
Not exact matches
The Fed is moving to align interest
rates with
solid economic growth, says Brian Jacobsen of Wells Fargo.
It said global
growth continued to be
solid and broad - based, the economy was running close to its potential and stronger business investment suggested
economic capacity could grow even further without lifting the inflation
rate.
NEW YORK (Reuters)- U.S. stocks closed higher on Monday as investors prepared for an expected Federal Reserve
rate hike later in the week, while stocks rose around the world on continued
solid global
economic growth indicators.
The recent burst of volatility has been unnerving, but it is important to remember that the macro environment of synchronized
economic growth and muted macro risks remains
solid, although some are concerned about potential inflation and higher interest
rates.
The combination of
solid US
economic growth relative to the rest of the developed world and rising interest
rates have given the dollar a boost in recent sessions.
Central bank policymakers also pointed to «
solid rates» of
growth in consumer spending and business investment, while eliminating a reference from their previous statement warning a global
economic slowdown could sap U.S.
economic strength.
The minimal movement of mortgage
rates in these last three weeks reflects the current
economic nirvana of a tight labor market,
solid economic growth and restrained inflation.
Solid economic conditions gave the Federal Reserve leeway to hike its base
rate, the federal funds
rate, without putting the brakes on
economic growth.
The housing market in 2018 will benefit from strong
economic fundamentals as job and wage
growth stay
solid and interest
rates, although inching up, stay low.
«The housing market will be fine because of better employment, higher wages and
solid economic growth, which will trump the effect of higher mortgage
rates,» Zandi says.
That's a trend that should continue in the years ahead thanks to steady U.S.
economic growth,
solid job increases, improving consumer confidence, and continuing low interest
rates.
Unlike past housing downturns, which were precipitated by slowing local economies, U.S.
economic fundamentals remained
solid, with 3.3 percent
growth in the gross domestic product, job gains averaging about 150,000 a month, and interest
rates remaining historically low during 2006.
It's a rapidly growing city with excellent schools, affordable home prices, low crime
rates, high median incomes, and
solid economic growth.
The
growth has been driven by historically low mortgage
rates and unemployment plus
solid population and personal income
growth rates... a meaningful correction should only be triggered by an unexpected
economic shock.»
«The housing market will be fine because of better employment, higher wages and
solid economic growth, which will trump the effect of higher mortgage
rates,» he says.