Not exact matches
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 per
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 per
price growth, with the average
price of a home in Canada rising between 2.5 per cent and 5.4 per
price 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 cli
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 cli
House 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 Dan
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 Dan
Growth 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&ra
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&ra
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&ra
house price inflation to 5 months&ra
price 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 c
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 c
Housing 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 fo
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 fo
housing 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.»