Some 3,800 units are projected to come online this year and demand is also on a rising tide, as
the strong economic backdrop continues to push population growth, although the influx of new income has kept renting relatively affordable.
While
the strong economic backdrop and solid interest coverage should prevent spreads9 from widening, it is unlikely they can tighten enough to offset losses if yields rise.
The Fed doesn't see any signs of inflation accelerating, which would be good news for investors given the projections for
a strong economic backdrop.
Not exact matches
«The disappointing performance in export activity suggests that the loss of export competitiveness from the
strong dollar and the weak global
backdrop are becoming a net drag on U.S.
economic activity,» said Millan Mulraine, deputy chief economist at TD Securities in New York.
Macron's reforms to cut housing taxes paid by the French middle class could lead to further growth in demand that should drive further
strong loan growth in the mortgage area, which is already benefiting from the improving
economic backdrop.
The global synchronized
economic expansion, a business - friendly administration in Washington, solid corporate credit quality, modest default activity, robust equity markets and a favorable supply - demand balance set a
strong backdrop for high yield in the New Year.
«We view this as conservative given the
stronger U.S. and global
economic growth, still favorable macro
backdrop, and constructive company guidance,» the JPMorgan analysts wrote.
The US corporate
backdrop remains
strong, and pro-business policies have helped boost earnings expectations but countervailing forces have the potential to act against this
backdrop of US
economic strength.
Despite the
backdrop of a deep
economic downturn and
strong backing from most of the press amongst other factors, the Conservatives are still only polling on average at around 40 per cent (see UK Polling Report 28 December).
On the positive side for credit markets, there is a healthy
economic backdrop, ample interest coverage for debt service, and
strong demand.
Strong expectations for this year's auctions are also backed by the fact that, for the first time in what seems like forever, the political and
economic backdrop is relatively stable.
He said of the results overall: «These are
strong results, achieved against a challenging
backdrop of political and
economic uncertainty, and they underline once again the strength of our client proposition — including our international platform — and the calibre of our people.