Sentences with phrase «where high house prices»

Nonetheless, Canadians trying to imagine how a broad economic downturn could play out should pay attention to what's happening on the Prairies, where high house prices, soaring personal debt levels and an unexpected wave of job losses proved to be a toxic mix.

In British Columbia, where high housing prices have kept some buyers out of the market in recent years, 92 per cent of potential first - time buyers are now motivated by low interest rates and 96 per cent say lower home prices are likely to prompt them to buy.

Not exact matches

The tax, which takes effect Tuesday, was introduced by the British Columbia government with the intent of improving home affordability in Metro Vancouver, where house prices are among the highest in North America.

But even higher earners with new jobs in today's recovering economy may be unwilling to move closer to jobs, especially in highly competitive housing markets where prices are rising quickly, Moss said.

Population spread out fairly evenly around the cities; employment clustered where the housing was highest - priced, in what real estate experts call the «favored quarter.»

Parks, greenways, and trails dot the community, where the housing market is in high demand, and the median home price is about $ 254,886.

North of the Strathmores, where a fixer - upper can be had for less than $ 230,000, the prices of Buffalo Grove houses are higher.

Households in England and Wales deserve better, especially in a period where such a high proportion of living costs can be attributed to house prices.

In 2015 the highest proportions of secondary schools reporting at least one vacancy were in outer London and the south - east, where house prices are high.

At the next tier down, schools where 60 to 80 % of students are proficient or advanced, housing prices aren't much lower: median sale prices vary from the high $ 600,000 s to over $ 1 million.

In areas where housing prices have long been high, that has a lot to do with the fact that schools enroll affluent kids, who tend to score better than low - income kids on standardized tests.

@matt specific to UK property the issue here is if you don't have any property you have to get it at the high price (I guess in part due to high demand and low availability where needed / wanted)- also some analysts think there is a housing bubble and the prices will fall at some point anyway.

The biggest threat is a drop in local housing prices, a very real possibility in many Canadian cities where the ratio between property prices and rents is currently at an all - time high.

Think of it as an extreme version of what's happened in Canada, where house prices in Toronto and Vancouver have spiralled higher and families owe a record $ 1.65 on average for every dollar of disposable income they earn.

«Most often, average home prices increase more in areas where there is new high density development than in areas where there is not, according to research in seven communities done by the BC Housing Policy Branch.»

Peter Coy of Bloomberg speculates that «the people who are most likely to get rejected for a loan [under the new rules] are ones who live in states where housing prices are very high or where the bounce - back from the crash has been weakest.

In areas of the country where housing costs are relatively high, many individuals looking to purchase a home could not, as the old FHA loan limits were below the median house prices.

Of course, if the house is a money pit and / or you were unfortunate to buy when prices where ridiculously high, you'll have a hard time making any money on this «investment.»

And high gasoline prices affect the lower - paid as well as housing costs which force them to live far away from where they work.

The reforms under LASPO recognised the cost effectiveness of mediation, by making legal aid available, although income and capital limits for eligibility mean many couples, particularly in areas where house prices are high, are not eligible.

Stephen brings an additional client perspective having spent significant time in house at a senior level where he has worked on high value complex claims, managed claims teams and worked across teams on wider management issues including claims process, IT implementation, lawyer panel procurement / oversight, reserving, pricing and policy wordings.

In a state where housing prices can be quite high, co-operative living enables many people to become homeowners at lower, more affordable costs.

Assuming somebody doesn't want to go that route, and assuming the house is priced properly, after you've done your market analysis or you've done comps, sort of the shorthand in the business, where do you usually... Do you have like a percentage below the asking price that you usually tell a buyer to offer, or does it really depend much, much, more on what the market is like, this market, where we have a relatively high demand, but extremely low supply.

In Denver, where the price point is relatively high, this makes a lot of sense for the young, single folks looking to eliminate their housing expense.

So I sold the house — for $ 60,000 more than the highest recorded price in her neighborhood, I might add — and referred her to a RE / MAX salesperson in the area where she was planning to move.

With a handful of exceptions, LIHTC pricing is significantly higher in zip codes where one or more top 20 U.S. banks operate branches, according to «The CRA and the Low - Income Housing Tax Credit Program,» a recently released performance study by CohnReznick.

The house was in a high demand location where lots of people had specific houses on their dream about living there, wish lists, but a shortage of buyers in the high end price range, who could afford to live there.

His first deal was for a house in Muizenberg, where the reserve price was R11k, and the highest bid on auction day was R8500.

This often made economic sense when the price of land was valued higher than the existing house and where extensive remodeling wasn't cost - effective.

A quick look at Ontario's urban intensification plan might show us where the real core of the housing availability crisis and fueling high rent and housing prices.

But why would Albertans face more pressure from rising borrowing costs than people in Ontario or British Columbia, where housing prices are significantly higher?

Without affordable new construction, we find ourselves in a housing market marked by low inventory, high prices and bidding wars — and one where first - time homebuyers are often priced out.

Here's a look at 12 housing markets where healthy rents, high home prices and historically low mortgage rates have prompted a boom in single - family rental inventory.

Two notable exceptions are Brazil and Russia, where deep local recessions, rising unemployment and high interest rates continue to put significant downward pressure on housing demand and prices.

C) Market and Price the home to attract an «out of area buyer» & hellip; i.e. perhaps from Toronto where the average house price is hiPrice the home to attract an «out of area buyer» & hellip; i.e. perhaps from Toronto where the average house price is hiprice is higher.

We got priced out with the whole extreme gentrification of Venice, and moved to WLA, where I bought my first house, near Cattaraugus and Venice Blvd. My kid went to Venice High.

Howard County (where Columbia is) has a school system that is consistently rated in the top 5 in the nation so housing prices are high.

In markets where housing prices are already high and continue trending upward, returns are more modest.

Ryan mentions that Facebook founder Mark Zuckerberg may have purchased a home in California; Ryan reviews the economic events of the prior week; Ryan notes that interest rate are still heading down; Ryan notes that the DC real estate market is competitive on the buy and rent sides and that would be renters in the DC area are turning into would be buyers; Louis notes that the DC housing dynamic is different from the rest of the country where housing prices are down and there is plenty of inventory; Louis notes that if it is cheaper to buy than rent that it makes sense to get a long term low interest rate loan; Louis talks about the benefits of visiting HomeGain.com; Louis discusses the HomeGain FSBO vs. Realtor survey and the advantages of hiring a REALTOR; Louis and Ryan discuss the HomeGain home improvement survey and recount the types of home improvements that provide the best return on investment; Ryan and Louis talk about pricing strategies for selling a home; Louis and Ryan discuss the differences between pricing a short sale and pricing a non short sale home; Louis notes pricing a home too high may keep the home on the market a long time and that the more days a home is on the market makes a home look like damaged good; Ryan describes short sales as foreclosure avoidance and discusses the impact of each on FICO scores; Ryan talks about the options that people with underwater mortgages have; Louis mentions that 72 % of home buyers and sellers pick the first real estate agent they meet and points out the value in comparing agents first using HomeGain's Find a REALTOR program; Louis can Ryan discuss the level of shadow inventory the impact on sellers as more inventory gets released;

Backed by pension funds and endowments, the company is operating in high - end markets in California, Washington and Oregon, where its customers» average house price is $ 800,000.

The other group of 17 economies comprises those where the housing market has already rebounded, with prices on average about 25 % higher than in 2008.

Ryan discusses the death of Osama Bin Laden; Ryan reviews the economic news of the week; Ryan notices the correlation between increased home sales and interest rate drops; Louis notes we can't expect the housing market to be supported by further decreases in rates as they are already near historic lows; Ryan explains that interest rates change once every four hours; Ryan notes the difference between getting a quote and being locked in to an interest rate; Ryan advises the importance of keeping in touch with your mortgage lender; Louis notes that interest rates change a lot faster than home prices; Ryan notes that the consumer confidence was up, Ryan and Louis discuss the Fed's decision to keep interest rates where they are and to continue the $ 600 billion QE2 program; Ryan and Louis discuss the Fed's view that inflation is nascent; Louis notes that not only does the Fed not see inflation that exists but disclaims any responsibility for it; Louis asserts that there is a correlation between oil prices and Fed policy; Louis discusses Ben Bernanke's assertion that the Fed can't control oil prices but that they somehow can control the impact of higher oil prices on the rest of the economy; Louis also remarks on Bernanke's view of the dollar - the claim that a strong dollar can be achieved through the Fed's current policy as it is their belief that they are creating a sound economy and therefore a sound dollar; Louis notes the irony of the Fed chastising Congress» spendthrift ways — if the Fed did not monetize the debt, Congress could» nt spend; Louis noted that as Bernanke spoke the prices of gold and silver rose as it seemed that the Fed has no interest in cutting off the easy money; the current Fed policy will keep interest rates low; Ryan notes that the Fed knows that they can't let interest rates rise because of the housing mess; Louis notes that the Fed has a Hobson's Choice - either keep rates low or let interest rates rise and cut off the recovery.

«Situated within Kent, Abbey Wood is a part of South East London where house prices haven't yet reached the high prices of neighbouring areas such Greenwich and Peckham,» he says.