«Clearly, economic prosperity has translated into increased housing sales and
upward pressure on prices across the board,» says Elton Ash, regional executive vice-president, Re / Max of Western Canada.
Not exact matches
More moderate
upward pressures on prices are now working their way
across a wider area in the middle and outer suburbs of Sydney and Melbourne, as well as becoming evident in a number of the other capital cities.
A lack of supply of homes for sale has led to
upward pressure on home
prices across the country, especially in areas where both existing and new home inventory have not kept up with buyer demand.
This, in turn, has continued to place
upward pressure on prices throughout the region and
across all market segments.
Couple these forces with synchronized global growth — which puts
upward pressure on real estate
prices and interest rates
across the world — and it makes sense to lock in that attractive luxury property as soon as possible.