Sentences with phrase «strong house price growth»
The metros making the list have been exhibiting stronger house price growth since late summer.
http://eyeonhousing.org/ Not exact matches
For some economists, the surge in home ownership, house prices and credit without strong income growth equals only one thing: a bubble.
Indeed, the strong growth of investor housing loans has driven the growth in household debt (as a share of disposable incomes) over recent years and contributed to a rise in both housing prices and dwelling construction.
But, looking forward, the risk is that we might move towards undesirably strong growth in Australian housing prices.
Unsurprisingly in this environment, the growth in housing prices was strong, particularly in Melbourne and Sydney.
In the United Kingdom, the economy remains buoyant, spurred by a strong labour market and continued rapid growth in house prices (Graphs 10 and 11).
The latest indicators of housing prices continue to show strong growth in most areas, and new finance approvals for housing have been accelerating in the past few months.
The REAL housing price index (HPI) predicts even stronger growth in the coming months.
«Additional sources of risk to the household sector include slower housing market growth than expected, brought about in part by strong home price growth, as well as a steeper slowdown in auto sales than anticipated.»
From 2007 — 2017, New Zealand house prices grew 63.2 % (Auckland 95.8 %)- amoung the strongest growth rates in the OECD.
One reason prices won't drop in the GTA in 2017 is that market fundamentals — job growth and housing demand from intra-provincial and immigration — are strong and steady.
«Mortgage rates have risen 1 % or more ten times in the last 43 years, with little impact on home sales and prices when the economy was also strong... Historically, rising confidence, solid job growth, and higher wages have more than offset reduced demand for housing resulting from higher mortgage rates.»
«UK average house prices increased by 8.1 % in the year to May 2016, according to the latest House Price Index from the ONS and Land Registry, revealing continually strong growth in the housing market in the pre-Brexit clihouse prices increased by 8.1 % in the year to May 2016, according to the latest House Price Index from the ONS and Land Registry, revealing continually strong growth in the housing market in the pre-Brexit cliHouse Price Index from the ONS and Land Registry, revealing continually strong growth in the housing market in the pre-Brexit climate.
One market segment that's expected to see continued strong price growth is entry - level housing, which is struggling with a shortage of inventory.
The 2014 home buying season is off to a strong start with year - over-year increases in housing inventories and «sustained growth in home prices,» according to the latest National Housing Trend Report from realtor.com ®, which reflects data of 143 markets across the chousing inventories and «sustained growth in home prices,» according to the latest National Housing Trend Report from realtor.com ®, which reflects data of 143 markets across the cHousing Trend Report from realtor.com ®, which reflects data of 143 markets across the country.
Long - term growth levels are also strong, with the average house price # 16,000 higher in September 2016 than it was one year previous.
What's needed to spur stronger growth in the housing market is a marked increase in inventory through stepped - up new construction, because only more new homes will ease tight inventories and, in turn, help slow home price gains, helping affordability.
WASHINGTON (February 11, 2015)-- The majority of metropolitan areas experienced steady but slightly stronger price growth in the fourth quarter of 2014, behind a decline in housing supply and an uptick in demand fueled by lower interest rates and a stronger job market, according to the latest quarterly report by the National Association of Realtors ®.
The Salt Lake City metropolitan area is projected to have one of the strongest housing markets in the country in 2018, with home prices and sales expected to reach 4.5 percent and 4.6 percent growth, respectively, over last year.
The REAL housing price index (HPI) predicts even stronger growth in the coming months.
But low interest rates and weak prices have made homeownership more affordable than it's been in decades, the report noted, and several strong months of private - sector job growth in early 2011 are «encouraging signs of a housing market rebound.»
Koberlein cites a mix of factors — strong demand for housing outpacing the available supply; attractive mortgage rates; a muscular stock market; baby boomers seeking a warmer retirement locale; and an expanding local job market — to forecast continued local growth in housing sales and pricing for 2018.
«The strong year - over-year price growth we experienced in February points to the robust demand for ownership housing in the GTA, coupled with a constrained supply of homes for sale in some market segments, especially where low - rise home types like singles, semis and townhouses are concerned,» said Jason Mercer, TREB's Director of Market Analysis.
By: Danielle Kubes, Zoocasa Condominiums showed strong, double - digit price growth in December 2017, according to the Toronto Real Estate Board, far out - pacing all other forms of Toronto housing.
Condominiums showed strong, double - digit price growth in December 2017, according to the Toronto Real Estate Board, far out - pacing all other forms of Toronto housing.
«December marked 10 consecutive months of year - over-year home price improvements, and the strongest growth since the height of the last housing boom more than six years ago,» says Mark Fleming, chief economist for CoreLogic.
The combination of distressed property price discounts in the near term, relatively strong rent growth and improving property values (due to improving housing conditions) in the longer - term, bodes well for residential property investors.
The drivers of housing demand are in place for a sustained recovery: high affordability; job growth (albeit modest); strong investor demand; rising buyer confidence; lean home inventories; home price appreciation; and fewer distressed homes for sale.
However, the strong job growth seen so far in 2015, and only muted gains in single - family housing starts, suggests that sustained price growth will continue to put pressure on affordability.
A number of cities are enjoying strong population and employment growth, which support strong housing price gains.
«In line with our forecast, California's housing market experienced strong sales and price growth throughout last year, with the median price increasing 6.2 % for the year as a whole to reach $ 474,420 in 2015,» said CAR Vice President and Chief Economist Leslie Appleton - Young.
After posting their strongest increase in 16 years in 2005 (10.2 per cent), house price growth in 2006 will moderate to 4.9 per cent as existing home markets become more balanced, CMHC says.
«We aren't seeing the wage growth we should be given the steady unemployment and strong GDP... Affordability will continue to be a major hurdle for this spring's homebuyers as housing prices continue to increase.»
«Prices of existing homes and housing overall are seeing strong growth and contributing to recent solid growth for the economy,» says David M. Blitzer, managing director and chairman of the Index Committee at S&P Dow Jones Indices.