Sentences with phrase «supply of homes»

To put the situation into perspective, consider that a three - to six - month supply of homes for sale has historically been considered typical for most markets.

A balanced market would have a full six - month supply of homes for sale.

Don't worry the lack of supply of homes in the GTA really is why bidding wars are common.

A «balanced» real estate market is one that has a 5 - to 6 - month supply of homes available for buyers.

There's always going to be a limited supply of homes on the lake.

But a big factor in this calculation is the very limited supply of homes convenient to transit, based on the very limited supply of transit stations.

Buyers are out in force, but home prices are high and there is record low supply of homes for sale in most major markets.

As a result, a 12 - month supply of homes remained for sale, a level twice that of a healthy market.

Also, the tight supply of homes for - sale could also limit sales in the spring season.

One of the main drivers of escalating home prices is a lack of supply of homes on the market.

The decreased supply of homes means that the median home price increased 5 percent from a year ago.

Low mortgage rates are a boon for business, but first - time buyers need a greater supply of homes and easier financing to get them back into the market at normal levels.

However, there is a 10 month supply of homes over $ 500,000 so that segment is a Strong Buyers Market.

There is just not enough supply of homes to fully satisfy the desire to own.

The housing recovery is being driven by dwindling supplies of homes on the market, especially distressed properties that tend to sell well below their cost of construction.

Therefore, a huge supply of homes came about and it was a bad time to want to sell a house.

The median number of days on the market nationwide is dropping due to an imbalance in many places in the low supply of homes compared to high demand from buyers.

During this critical time for our nation's housing markets, manufactured housing provides a reliable, and affordable supply of homes that meet a variety of housing and lifestyle needs.

At the current pace, there is a four - month supply of homes on the market — much lower than the norms of six to seven months.

But it is now rising again due to the record - low supply of homes for sale.

The bank says a combination of softer demand and rising supply of homes for sale will likely pull some steam out of home prices.

Inventory is still tight... 1.9 months supply of homes with the total marketing time increasing to 51 days.

Single - family home sales fell 0.6 % m / m to 618k annualized pace (est. 620k) after 622k rate (revised from 593k); Nov., Dec. figures also revised upward Median sales price increased 9.7 % y / y to $ 326,800; biggest gain since Dec. 2016 Supply of homes at current sales rate rose to 5.9 months, highest since Aug., from 5.8 months; number of homes for sale at 305,000, most since March 2009

Fannie Mae A congressionally chartered, shareholder - owned company that is the nation's largest supplier of home mortgage funds.

- Typical annual market cycle was front - loaded in Q1 and Q2 but increasing supply of homes for sale will bring average Canadian home prices down in third and fourth quarters -

A congressionally chartered, shareholder - owned company (otherwise called a «government - sponsored enterprise» or «GSE») that is the nation's largest supplier of home mortgage funds.

Elaine Hung, vice-president of marketing for Sotheby's International Realty Canada, said low interest rates, high levels of immigration and a limited supply of homes heated up the high - end housing markets in Toronto and Vancouver.

«A constrained supply of homes over the past year has fueled robust home price increases, particularly in the coastal regions,» says C.A.R. Vice President and Chief Economist Leslie Appleton - Young.

EXPERIENCE 7/2005 — 1/2006 Pure Networks Seattle, WA Technical Recruiter Pure Networks is the leading supplier of home networking software, and the first company to unlock the power of home networks for sharing the digital lifestyle.

There is currently a 3.3 - month supply of homes if sales continue at the current pace; in October 2015 there was a 4.7 - month supply.

6 months of inventory is a Balanced / Stable market and over 6 months supply of homes reflects a Buyer's market.

Phoenix's meager 2.6 - month supply of homes indicates a supply shortage.

In places like Phoenix, where the current supply of homes is below average, sellers will expect buyers to have their financing lined up.

The strong demand and limited supply of homes points to a highly competitive sellers» market in which our professional and trained REALTORS ® can help both buyers and sellers achieve success.»

What is more certain, McMullin said, is that the tax is unlikely to improve affordability for average Canadian buyers who are in bidding wars over the stagnant supply of homes in Vancouver.

The positive news continued in April, when a shrinking supply of homes on the market helped drive the median sales price up 12.4 % to $ 163,000.

«The month's supply of homes continues to be way under a balanced market of six months, home prices have risen year - over-year for 67 straight months and multiple offers on listings for sale are a common occurrence,» said Lautz.

And with 12 homes for sale when I got my listing in November 2005, I was facing a market that basically had a four - year supply of homes for sale.»

«The small supply of homes for sale, at only about four months» worth, is one cause of rising prices,» Blitzer says.

As a bonus, Buyers get to experience a temporary «softening» of the market, which means fewer Buyers to compete with because of the excess supply of homes, and also to negotiate with very motivated Sellers.

Given the incredibly inelastic supply of homes, small changes in (investor) demand create huge changes in prices.

View detailed statistical reports Sales activity versus available inventory drives Orlando's supply of homes t...

Yet despite low mortgage rates luring prospective homebuyers, the housing market has remained hampered by tight mortgage credit, rising home prices and thin supply of homes on the market.

Unlike other hot housing markets, Detroit has a pretty good supply of homes available for sale.

A balanced housing market typically carries six - month supply of home inventory; Seattle has 0.6 - month supply worth of homes listed for sale.