Sentences with phrase «spur sales activity»
To spur sales activity, cap rates need to return to the historical 9.0 percent to 10.0 percent range, according to research from Goldman Sachs and JPMorgan.
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«Varying reports have also indicated weakness in the consumer economy due to flagging brick - and - mortar sales over the holiday weekend, but what we may really be seeing is an accelerating shift to online buying as mobile phones spur increased showrooming activity,» he continued.
As it is, McMahon said, Cuomo's program promises to promote growth in a way that will increase Syracuse's urban density and spur sales tax growth from greater economic activity.
In recent years, skyrocketing residential values spurred sales, which subsequently led to a spike in 1031 activity.
«While 11 new housing markets were designated as improving in October, 92 metros retained their spots on the IMI and just seven slipped from the list,» notes Barry Rutenberg, chairman of the National Association of Home Builders (NAHB) and a home builder from Gainesville, Fla. «This is an encouraging sign that the housing recovery is proceeding at a steady pace as firming prices and employment help spur new building activity, which in turn generates new jobs and more home sales.»