Sentences with phrase «year house price growth»

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The company's latest House Price Survey, released Tuesday, found that most regions showed healthy year - over-year price growth, with the average price of a home in Canada rising between 2.5 per cent and 5.4 perPrice Survey, released Tuesday, found that most regions showed healthy year - over-year price growth, with the average price of a home in Canada rising between 2.5 per cent and 5.4 perprice growth, with the average price of a home in Canada rising between 2.5 per cent and 5.4 perprice of a home in Canada rising between 2.5 per cent and 5.4 per cent
An uptick in commodity prices, combined with two years of supply cost cuts, created some room to get financial houses in order and invest in production growth in 2017.
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.
Nationwide house prices increased strongly for several years up to late 2003, reaching a peak growth rate of around 20 per cent in that year.
At least some of the growth in housing prices since the middle of last year was a bit of a catch - up from a period of weakness.
House describes 2017 a unique «breakout year,» with growth boosted by the new federal child - care benefit and the oil rebound from sagging prices and the Fort McMurray fires.
If anything should be clear from the bubbles of recent years, the greatest risks are not when prices are depressed, the economy is weak, and investors are frightened, but rather when prices are elevated and an unendingly positive outlook for technology, or housing, or global growth, or private equity, or emerging markets, or commodities seems all but certain.
And while slower price growth suggests Canada is already «moving towards a more balanced housing market,» today's prices are still, in the bank's view, «elevated» after «a 10 - year build - up.»
Latest data from Australian Bureau of Statistics show house price growth for the eight capital cities fell to 1 per cent in the December quarter compared to 5 per cent for the year.
Dhar suggests that the recent moderation in house price growth «has reignited risk that China's property sector may retrench again», suggesting that the outlook for residential construction, hence commodity demand, will remain weak in the year ahead.
But 5.6 % is still well above the national forecast for year - over-year price growth, and that makes Dallas another hot housing market to watch in 2016.
A new forecast for the Los Angeles housing market suggests that home prices could rise considerably slower over the next year than the previous 12 months, settling into a historically average rate of growth.
Earlier this year, Zillow published a list of what it felt would be the ten hottest housing markets of 2017, in terms of price growth.
The adjustment in the Australian housing market during 2004 should assist prospects for sustainable economic growth, with the decline in house prices and new lending during much of the year alleviating the overheating which had previously been apparent in that part of the economy.
In many cities, home - price gains have outpaced wage and income growth over the last couple of years, and this kind of trend can lead to housing affordability issues.
In large part this has been driven by growth in share prices and house prices, although the demutualisation of the AMP Society and capital gains from the first stage of the Telstra float provided an additional boost to available wealth last year.
The run - up in credit growth and the associated boom in house prices in recent years presented two implications for the economy: they tended to boost growth in the short term, but carried the risk of a damaging correction if they continued too long.
Unemployment is at its lowest rate since the mid 1970s and the housing market has shown renewed strength in recent months, with year - ended growth in national house prices back above 15 per cent.
If the whole thing — the rises in stock prices, in corporate earnings, in the housing market, even in job growth — is driven solely by the flood of money, or whether five years of zero - interest rates and trillions of dollars in bond purchases have succeeded at getting a more resilient economic engine for the United States up and running.
In 2008 to 2009, Canadian housing was relatively cheap compared to the U.S., but after years of breakneck price growth north of the border and declines down south, that's no longer the case.
According to Knight Frank's latest Global House Price Index, worldwide home prices recorded their weakest annual performance since the depths of the recession in 2009, recording only 0.9 % growth in the year to March 2012.
«You just can't have house prices grow at 7 percent year after year, when income growth is 2 - 3 percent a year
According to the Nationwide and Halifax surveys, year - ended house price growth declined to around 8 per cent in March from 20 per cent in the middle of last year.
Household consumption continues to be a key contributor to overall growth, propelled by a relatively tight labour market and rising house prices, which are up by around 15 per cent over the past year.
China's growth over the same period was 6.9 %, unchanged from the first three months of the year, with the property sector a notable area of strength, as house prices continued to rise despite measures by the Chinese government to cool the country's housing market.
The housing affordability issue in San Diego has been well documented, and it could worsen over the coming years as home price appreciation outpaces income growth.
«There have been increasing affordability issues in recent years as house prices outstripped earnings growth.
The housing markets in Mississauga remains white hot with home prices experiencing nearly double - digit year - over-year growth.
A combination of interest rate rises and property price growth has seen housing affordability worsen more in Melbourne than other capital cities over the past year.
«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.»
Housing prices have outpaced income growth by two or three times in most Canadian cities over the past five years.
Years of low interest rates have driven up house prices even as income growth has stagnated.
Bank of Canada data show that the growth in the number of mortgages has slowed this year, although dollar volumes continue to accelerate owing to house price increases.
Richard Syron, CEO and Chairman of the Federal Home Loan Mortgage Corporation — or «Freddie Mac» — says «more than a dozen years of sustained growth in housing prices have turned many middle class homeowners into millionaires; put countless children through college; and made the family home the most valuable egg in the American nest».
A long - predicted housing crash never came, however, with price growth slowing but not reversing in the second half of the year.
Australian Banks have been dependent on housing loans for years (most if not all of their growth in the last 10 years) with the inevitable reduction in homes loans will our Banks struggle to find the growth in profits year on year that have driven up their prices & earnings
This follows several years of above - average price growth within the nation's housing market.
A new forecast for the Los Angeles housing market suggests that home prices could rise considerably slower over the next year than the previous 12 months, settling into a historically average rate of growth.
And such optimism is supported by the fact that the likes of JLL, Savills and Halifax are all forecasting stable growth in house prices in 2018 before accelerated growth in the years that follow.
«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.
«The booming employment market in Greater Seattle has brought multiple years of double - digit [home] price growth and less than two months» [housing] inventory available,» says Sam DeBord, managing broker of the Seattle Homes Group and vice president of Strategic Growth with Coldwell Banker Dangrowth and less than two months» [housing] inventory available,» says Sam DeBord, managing broker of the Seattle Homes Group and vice president of Strategic Growth with Coldwell Banker DanGrowth with Coldwell Banker Danforth.
House prices within the country's major metropolitan areas continue to good capital growth, registering healthy growth rates with pockets of excellence such as Cape Town Metro which has experienced house price growth in excess of 20 percent over the past year to House prices within the country's major metropolitan areas continue to good capital growth, registering healthy growth rates with pockets of excellence such as Cape Town Metro which has experienced house price growth in excess of 20 percent over the past year to house price growth in excess of 20 percent over the past year to date.
The National Association of REALTORS (R) recently reported that housing affordability has fallen to a five - year low as home price increases have outpaced income growth.
The FNB House Price Index revealed a 7.4 % year - on - year national growth for the month of June, which was slightly higher than the 7.2 % rate recorded for May, «extending the recent mild accelerating trend in average house price inflation to 5 months&raHouse Price Index revealed a 7.4 % year - on - year national growth for the month of June, which was slightly higher than the 7.2 % rate recorded for May, «extending the recent mild accelerating trend in average house price inflation to 5 months&raPrice Index revealed a 7.4 % year - on - year national growth for the month of June, which was slightly higher than the 7.2 % rate recorded for May, «extending the recent mild accelerating trend in average house price inflation to 5 months&rahouse price inflation to 5 months&raprice inflation to 5 months».
Despite solid interest in buying a home — sparked by steady job gains, record low mortgage rates and higher rents — the severe drought in housing supply in much of the country over the past year accelerated price growth and kept many first - time buyers out of the market.
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.
«While the housing market gained a little more momentum last month, sales are still below year ago levels because low inventory is limiting choices for prospective buyers and keeping price growth elevated.»
Housing is expected to downshift next year as the post-election economy sets in, driven by a deceleration in home price growth, according to realtor.com ®'s recently released 2017 housing foHousing is expected to downshift next year as the post-election economy sets in, driven by a deceleration in home price growth, according to realtor.com ®'s recently released 2017 housing fohousing forecast.
«While the housing market gained a little more momentum last month, sales are still below year - ago levels because low inventory is limiting choices for prospective buyers and keeping price growth elevated.»
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