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US: The housing market’s new problem? Not enough homes to sell

Posted on 23 July 2012 by Laxman  |  Email |Print

Glenn KelmanIt seems like just a few months ago, home values were plummeting as thousands of foreclosures flowed onto the housing market.
Now, the tables have turned. A huge draw-down in for-sale inventories around the country has tightened markets, fueling bidding wars and price increases. Housing, no longer blamed for dragging down the economic recovery, is being celebrated as the one bright spot amid a recent deluge of disappointing economic reports………………………………………..Full Article: Source

Are the real estate bellwethers finally ringing?

Posted on 20 July 2012 by Laxman  |  Email |Print

In case you’re still a nonbeliever that housing has finally crawled its way into recovery mode, ask yourself: What are the bellwether indicators of the early stages of a rebound? You can probably rattle them off.
Rising home prices in the vast majority of the country’s major markets. Tightening of the supply of houses listed for sale………………………………………..Full Article: Source

Will the Fed rev the housing engine?

Posted on 19 July 2012 by Laxman  |  Email |Print

One can get a really clear look at the problem by considering America’s housing market. In normal times, central bankers will tell you, housing is one of the main mechanisms through which monetary policy affects the economy. Lower interest rates encourage more buying and building (and higher rates quickly chill activity).
But in this recovery, housing has been relatively unresponsive to policy; several large markets had inventory overhangs and every market was heavily affected by the collapse in the market for mortgages………………………………………..Full Article: Source

The economy stinks, but housing keeps picking up

Posted on 18 July 2012 by Laxman  |  Email |Print

Yes, the housing bust is over. As the broad economy continues to struggle, the housing market — one of the most beleaguered pockets of the economy for years — continues to exhibit signs that the worst is in the past.
Today’s data represent another indication confirming that mindset. U.S. home builders’ confidence registered the biggest monthly jump in nearly 10 years, another piece of evidence that housing is potentially becoming a source of strength for the economy………………………………………..Full Article: Source

US: With low supply, asking prices rise for fifth straight month

Posted on 18 July 2012 by Laxman  |  Email |Print

Home sellers are staying on the sidelines this summer, which is helping to firm up prices in more U.S. housing markets.
The number of homes listed for sale rose by just 0.5% in June from May and was down 19.4% from one year ago, according to Realtor.com. Slightly less than 1.89 million homes were listed for sale in June, which is lower than at any time in 2011 or 2010………………………………………..Full Article: Source

Canada: Housing market entering ‘big sleep’?

Posted on 18 July 2012 by Laxman  |  Email |Print

Canada’s real estate market is showing signs of cooling off with national home sales and the average home price down year over year, indicators that have at least one senior economist wondering if the once red-hot market is entering a “Big Sleep.”
The new data from the Canadian Real Estate Association follow several reports saying some real estate markets and some types of housing are overvalued, although there’s a range of opinions about how much and how quickly prices will decline………………………………………..Full Article: Source

How foreigners can buy real estate in the US

Posted on 17 July 2012 by Laxman  |  Email |Print

International homebuyers have been pouring billions of dollars into the U.S. housing market as they take advantage of lower home prices and a weaker dollar. But many foreigners find it difficult to navigate the complex homebuying process when living abroad — especially when they want a mortgage to finance the home.
“I get phone calls from people who are lost and don’t know where to start,” says Judy Hamblen, vice president of Foreign National Mortgage in Fort Lauderdale, Fla………………………………………..Full Article: Source

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A cooling Canadian housing market still poses risks

Posted on 16 July 2012 by Laxman  |  Email |Print

For the first time in three years, Toronto’s sizzling housing market is showing signs of cooling, bringing a sigh of relief to David Fleming and other Canadian real estate agents who feared the market boom was getting out of control.
“It is a balanced market right now, where you don’t have to make a decision with a gun to your head,” said Fleming. He said the bidding wars of the past few years have evolved into mere skirmishes among prospective buyers………………………………………..Full Article: Source

Bubble vs. rubble? Rosenberg weighs in on Canada-U.S. housing divide

Posted on 13 July 2012 by Laxman  |  Email |Print

David Rosenberg Many economists balk at using the “B-word” to describe Canada’s housing market. Gluskin/Sheff’s David Rosenberg doesn’t. And remember, he was the guy who called the U.S. housing bubble.
In a report out this week, Mr. Rosenberg describes the different real-estate market landscapes on either side of the Canada-U.S. border–”bubble versus the rubble.” The discrepancy continues to widen. On Thursday, Canada’s statistical agency said new home prices in May rose 0.3% month-over-month and 2.4% year-over-year………………………………………..Full Article: Source

Five silver linings in falling house prices

Posted on 12 July 2012 by Laxman  |  Email |Print

Before we start getting all torqued about a falling housing market, let’s remember a few things. Early indications in June of a slowing market in some cities does not necessarily presage a U.S.-style plunge in housing prices.
Forecasters have talked about declines of 10 to 15 per cent being possible, or just a period of drifting sideways. Without a surge in unemployment, it’s hard to see a real crash………………………………………..Full Article: Source

All U.S. commercial property sectors report vacancy declines in 2Q, says CBRE report

Posted on 12 July 2012 by Laxman  |  Email |Print

According to a new report from CBRE, the U.S. commercial real estate market showed improvement across all property sectors in the second quarter (Q2) of 2012, defying concerns about the pace of economic recovery and lukewarm employment growth.
Vacancy in the nation’s office buildings dropped to its lowest level since 2009, falling 30 basis points (bps) during Q2 to 15.7%……………………………………….Full Article: Source

US: How commercial real estate factors into top states for business

Posted on 11 July 2012 by Laxman  |  Email |Print

Are you a company looking for bargain office rents? Forget about Washington, D.C., or San Francisco, where asking prices for rents have increased over the past three years, making other pricey markets like New York and Boston look attractive, following double-digit rent declines.
But drive a half hour outside any of these cities and you’ll find submarkets with twice the vacancies and landlords eager to negotiate. Since 2008, only a handful of larger markets have seen office-rent increases, including San Francisco, Pittsburgh, New Orleans and Columbus, Ohio………………………………………..Full Article: Source

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Zillow names Chicago the best buyer’s market in U.S.

Posted on 11 July 2012 by Laxman  |  Email |Print

Chicago may be the Second City but it’s No. 1 for bargain-hunting homebuyers. Of the 50 largest metropolitan markets, the Chicago area is the top buyer’s market, according to real estate site Zillow, meaning buyers have negotiating power because there are plenty of properties for sale that haven’t moved, prompting steep price cuts.
The local statistics in Zillow’s index that gave Chicago its top ranking should buoy potential homebuyers in their pursuit of the American dream. But the numbers also provide a wake-up call for sellers who’ve heard reports of a generally improving housing market and may expect a higher price for their home………………………………………..Full Article: Source

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U.S. office market has smallest occupancy gain in a year

Posted on 05 July 2012 by Laxman  |  Email |Print

The U.S. office market had its smallest increase in net occupancies in a year in the second quarter as job growth slowed, Reis Inc. (REIS) said.
Net occupancies climbed by 4.14 million square feet (384,000 square meters) in the second quarter, the least since 2.73 million square feet was added a year earlier, according to the New York-based property-research firm. The gain in occupancies, the sixth in a row, compared with 6 million square feet in the first quarter………………………………………..Full Article: Source

America’s most exclusive gated communities

Posted on 05 July 2012 by Laxman  |  Email |Print

A private polo field? A place where pet ostriches and llamas roam? To most, they sound like the trappings of a king. But to members of the most exclusive gated communities, deluxe perks like these are becoming standard.
“Buyers are not only buying a home, they’re buying a lifestyle,” said Dana Olmes, an agent with Ewing and Associates Sotheby’s International Realty in California. “I have clients who pick up their children on horseback.”……………………………………….Full Article: Source

U.S. office market recovery slows to a crawl

Posted on 04 July 2012 by Laxman  |  Email |Print

Ryan SeverinoThe U.S. office market’s recovery, which began a year and a half ago, s lowed in the past three months as weak employment and worries about the economy discouraged renters, according to a report by real estate research firm Reis Inc.
The vacancy rate did not budge.Prices barely increased. The vacancy rate - at 17.2 percent in the first and second quarters of this y ear - is o nly slightly below the 17.6 percent at the end of 2010 when the recovery began………………………………………..Full Article: Source

U.S. real estate market no longer a bust

Posted on 03 July 2012 by Laxman  |  Email |Print

Ian ShepherdsonNow just might be the time to buy that vacation dream home south of the 49th parallel. The loonie is still within sight of par, taking the bite out of the currency transaction. Add to that glimmers of hope for a turnaround in the killing field of U.S. real estate, where the average house price dropped 34 per cent from its peak in 2006, and you have a situation that may not come around again for many years — if ever.
Americans still feel pretty grim about their economy, spending and income. June marked the fourth month in a row that consumer confidence has fallen, according to the U.S. Conference Board………………………………………..Full Article: Source

Fed’s Fisher says housing market has `bottomed out’

Posted on 02 July 2012 by Laxman  |  Email |Print

Richard FisherFederal Reserve Bank of Dallas President Richard Fisher said he believes low mortgage rates have helped bring an end to the slump in U.S. housing. “I do think the housing market has bottomed out,” Fisher said to reporters today in Aspen, Colorado. The improvement has been “assisted by these low mortgage rates that we’ve had.”
More Americans than forecast signed contracts to purchase previously owned homes in May, indicating the real estate industry is firming three years after the start of the economic recovery………………………………………..Full Article: Source

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United States ranked world’s most transparent real estate market

Posted on 28 June 2012 by Laxman  |  Email |Print

According to Jones Lang LaSalle’s 2012 Global Real Estate Transparency Index report released this week; recovering real estate markets globally have prompted renewed impetus to transparency improvements following a slowdown in progress during the financial crisis in 2008 and 2009.
Nearly 90 percent of markets have registered advances in real estate transparency during the past two years, driven by improving market fundamentals data and performance measurement, combined with better governance of listed vehicles………………………………………..Full Article: Source

US: Broad economic changes find a home

Posted on 26 June 2012 by Laxman  |  Email |Print

“Blink, and you’ll miss it.” That isn’t a phrase associated with the lumbering housing market. And with so many pundits still wiping egg off their faces from prematurely calling a housing bottom in recent years, there is no rush to over-interpret blips in indicators such as the S&P/Case-Shiller Home Price index.
Although the last reading of Case-Shiller’s gauge of prices for 20 cities was flat against a month earlier and down 2.6% year over year, it may be missing a robust turn in housing. That could continue when the indexes are updated Tuesday………………………………………..Full Article: Source

Key reasons why U.S. housing market is not coming back

Posted on 25 June 2012 by Laxman  |  Email |Print

Ben BernankeBen Bernanke is trying like mad to stimulate credit and lending but to no avail. It’s an uphill debt because of demographics, student debt, and lack of jobs. Citing falling debt-service needs, some economists think consumers may be ready to go on a borrowing. They are badly mistaken.
Considering where more of the income is coming from (government supports), who’s earning a bigger share of wages (baby boomers) and which type of debt has been on the rise (student loans), re-leveraging may be a long way off………………………………………..Full Article: Source

Has Puerto Rico found a solution to the US housing crisis?

Posted on 21 June 2012 by Laxman  |  Email |Print

A set of incentives for home buyers in Puerto Rico has helped stimulate the housing market there, and some experts think they could help on the mainland, too. After the US housing market crashed in 2007 and 2008, Puerto Rico is one of many places that ended up with a glut of houses, condos, and luxury villas on the market.
With the mainland in recession, this was not exactly a surprise………………………………………..Full Article: Source

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The myth of the national housing market

Posted on 20 June 2012 by Laxman  |  Email |Print

The housing boom and bust gave rise to the myth of a “national” housing market. After all, prices rose in almost every part of the country until 2006, when they began dropping from coast to coast.
But today’s story in the Journal looks at how the beginnings of housing recoveries are neighborhood and even street specific. While the media are often pressed to generalize about the national market, or to highlight cities that, on the whole, are rising or falling, most real-estate agents will remind buyers that broad housing indexes may not hold much water when it comes to pricing their homes………………………………………..Full Article: Source

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US housing market sees rise, say economists

Posted on 18 June 2012 by Laxman  |  Email |Print

The US housing market in May probably managed to sustain recent gains, driven by low prices and borrowing costs, economists said before reports this week.
Home starts climbed 0.4 per cent last month to a 720,000 annual pace, matching January as the fastest since October 2008, according to the median estimate of 64 economists surveyed by Bloomberg News before a Commerce Department report June 19. Sales of previously owned houses held near the highest level in almost two years, another report may show………………………………………..Full Article: Source

Canada’s house market still outshines world: Scotiabank

Posted on 14 June 2012 by Laxman  |  Email |Print

Conditions in Canada’s housing market have cooled in recent months, but the country continues to outperform other developed nations, according to a new Scotiabank real estate report.
The latest Scotiabank Global Real Estate Trends report finds that national average home price fell by 1.6 per cent in the first quarter of 2012 compared to the same period of 2011. (The prices were adjusted to account for inflation.)……………………………………….Full Article: Source

More rich Chinese buy U.S. property

Posted on 14 June 2012 by Laxman  |  Email |Print

China has emerged as one of the fastest-growing sources of international buyers for US real estate — in what some see as a sign that China’s rich are increasingly seeking to take their money out of the country.
According to a report published by the National Association of Realtors this week, buyers from China and Hong Kong made up the second-largest group of foreign buyers of homes in the US in the 12 months to March — Canadians took first place — accounting for $9bn of sales………………………………………..Full Article: Source

Foreigners snap up properties in the U.S

Posted on 13 June 2012 by Laxman  |  Email |Print

The six-year slide in U.S. home prices and the dollar’s weakness against some currencies are driving a property-buying binge by Asians, Canadians, Europeans and Latin Americans eager to own a piece of America.
Plowing money into real estate may sound like a risky venture to many Americans. But to growing numbers of foreigners, U.S. housing has never seemed a smarter investment………………………………………..Full Article: Source

U.S. home sales to foreigners rise as low prices draw investors

Posted on 12 June 2012 by Laxman  |  Email |Print

The dollar volume of U.S. homes sold to foreign buyers rose 24 percent in the 12 months through March as investors from Canada, China, India, Mexico and the U.K. took advantage of low prices and favorable exchange rates.
Foreign buyers spent about $82.5 billion in the period, up from a revised estimate of $66.4 billion a year earlier, the National Association of Realtors said today. That accounted for 4.8 percent of the $928.2 billion U.S. market for home sales, the organization said in a report from Washington………………………………………..Full Article: Source

Echo boomers to shape housing market for next 2 decades

Posted on 12 June 2012 by Laxman  |  Email |Print

When it comes to the swooning housing market, sometimes it seems only a knight in shining armor can save it, and according to some experts, that salvation could come in the form of the so-called echo boomer generation.
About 62 million strong, echo boomers—Americans roughly between the ages of 17 and 31—will shape the next two decades of the housing market, according to the National Association of Realtors, noting that young homebuyers already make up 31 percent of all recent home purchases………………………………………..Full Article: Source

Glimmer of hope in real estate sector sparks handicapping of early leaders

Posted on 04 June 2012 by Laxman  |  Email |Print

As economists and data wonks debate whether the U.S. housing market is at or near its bottom and heading into a recovery phase, this might be a good time to focus on some early leaders in the real estate sector.
For example, there is nothing quite like lumber as a leading indicator of new construction. “You don’t have to have a boom in the housing market to have a recovery in housing construction,” said Calvin Schnure, vice president of research with the National Association of Real Estate Investment Trusts………………………………………..Full Article: Source

Central America: Real estate haven

Posted on 01 June 2012 by Laxman  |  Email |Print

US News and World Report identified the ten top retirement spots last year; seven of those were in Central and South America: “Central and South America offer the unbeatable combination of warm weather and inexpensive real estate.”
In an International Living analysis of the “world’s top retirement havens in 2012,” six of the top ten locations were also in this region of the world………………………………………..Full Article: Source

Brazil’s housing market could see possible trouble ahead

Posted on 31 May 2012 by Laxman  |  Email |Print

Brazil’s burgeoning middle class is moving up in the world, into fancier high-rises. The discovery of vast oil deposits off the coast has flooded the city with renters carrying fistfuls of petrodollars. And property owners already are hiking rents in anticipation of Rio’s upcoming mega-events, the 2014 soccer World Cup and 2016 Olympics.
Property prices in some neighborhoods have risen six-fold in the past decade and now rival those in world capitals such as New York or Paris………………………………………..Full Article: Source

“Crash is over”, U.S. housing market has bottom declared

Posted on 28 May 2012 by Laxman  |  Email |Print

“The crash is over”, says an economist. “Housing can only go up,” says another. “I think the market has bottomed out,” says one builder. “It appears we have turned the proverbial corner,” says a second.
After hitting a low with stocks in March 2009, U.S. single family building permits rallied in three waves into March 2012. The latest high is more than 65% below the September 2005 peak………………………………………..Full Article: Source

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Most expensive 9 American cities

Posted on 28 May 2012 by Laxman  |  Email |Print

Dean FrutigerWhat drives costs in the most expensive cities in the U.S.? The answer is housing. But the nationwide trend of falling home prices won’t knock the city with the highest cost of living, New York, out of the top spot anytime soon.
According to an index of 306 cities published by the Council for Community and Economic Research (C2ER), the cost of living in the borough of Manhattan in New York City is 128 percent higher than the national average, with an index score of 228………………………………………..Full Article: Source

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US: Plunging (carefully) into real estate

Posted on 21 May 2012 by Laxman  |  Email |Print

Small firms are getting creative about space. As the economy recovers, it can be tempting for small businesses to invest in property. Still, real estate is a huge expense—and its outlook remains uncertain. So many experts advise small businesses to conserve their capital and lease rather than buy.
But those small-business owners who do take the plunge can learn lessons from others who have created strategies to minimize their downside risk………………………………………..Full Article: Source

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Canada: In a hot, hot housing market, what’s fair - and what’s foul?

Posted on 18 May 2012 by Laxman  |  Email |Print

If there’s one thing that potential house buyers seem to agree on, it’s that if a homeowner lists their house for sale at a given price, and someone is willing to pay that amount or more, the seller had better get out a pen and sign the deal.
In fact, many people are surprised that the seller doesn’t have a legal obligation to do so………………………………………..Full Article: Source

Brazilian property prices go up

Posted on 18 May 2012 by Laxman  |  Email |Print

Property prices in Brazil have risen massively over the last year, according to Fipe Research Foundation. It found that over the last twelve months, the average price per square metre of residential property went up by 21.8 per cent.
Savvy investors, mindful of such positive figures, have been attuned to the South American country’s property market, eager to get a “slice of the pie”………………………………………..Full Article: Source

Housing market in Canada called hottest in the world with lessons for US home buyers

Posted on 17 May 2012 by Laxman  |  Email |Print

Local homebuilding companies here in the timber mill town of Coos Bay report brisk business in May even while they wish improving home sales mirrored the housing market boom up in Canada.
Home building contractor Barry explains that “if you take a day drive up to nearby Vancouver, British Columbia, it looks like Coos Bay back during the housing boom of say 2007 and 2008.”……………………………………….Full Article: Source

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Canada’s housing market booms; experts see trouble

Posted on 16 May 2012 by Laxman  |  Email |Print

Housing prices are going through the roof in Canada. The real estate market there is one of the hottest in the developed world. In Toronto, prices increased 10 percent in March alone. The average detached house in the city costs more than $600,000.
That has economists and the government worried that Canada is experiencing a housing bubble that’s about to burst………………………………………..Full Article: Source

Home prices rise in half of U.S. cities as markets stabilize

Posted on 10 May 2012 by Laxman  |  Email |Print

Patrick NewportPrices for single-family homes climbed in half of U.S. cities in the first quarter as real estate markets stabilized.
The median sales price increased from a year earlier in 74 of 146 metropolitan areas measured, the National Association of Realtors said in a report today. In the fourth quarter, only 29 areas had gains………………………………………..Full Article: Source

American property: The great realtor rip-off

Posted on 04 May 2012 by Laxman  |  Email |Print

In Britain, if you want to sell your home, an estate agent will list the property, find a buyer, help you negotiate a deal and guide you through the transaction, all for a commission of 2-3% of the sale price. In America, realtors provide the same services for roughly double the fee.
The internet has squelched inefficient middlemen in other industries, from insurance brokers to travel agents. Why not American realtors? Although scores of discount brokers and for-sale-by-owner websites have sprouted up, traditional full-service realtors have somehow maintained their market share of 80% without reducing fees………………………………………..Full Article: Source

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NAR reports U.S. commercial real estate recovery hindered by tight lending

Posted on 04 May 2012 by Laxman  |  Email |Print

Based on the National Association of Realtors’ (NAR) annual Commercial Real Estate 2012 Lending Survey, U.S. commercial real estate markets showed signs of recovery in 2011; commercial lending standards have tightened in the past year for small businesses and scuttled a major portion of contracted transactions for smaller properties.
Lawrence Yun, NAR chief economist, said there is a significant split in commercial lending depending on value. “This is very much a tale of two markets………………………………………..Full Article: Source

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Latam property rates to grow in 2012

Posted on 02 May 2012 by Laxman  |  Email |Print

Property rates in Latin America are set to rise by as much as 10% in 2012 following the substantial global losses experienced as a result of major catastrophes experienced in 2011, according to a recent report from global insurance broker Lockton.
Catastrophe-exposed countries like Chile, Colombia, Mexico, Ecuador and Venezuela are seeing rate increases of between 7.5% and 10%, states the report, while non cat-exposed regions are said to be seeing renewal terms of flat to 5%………………………………………..Full Article: Source

America’s cleanest cities

Posted on 27 April 2012 by Laxman  |  Email |Print

When it comes to ozone levels and year-round smog, these cities have the top air quality in the nation, according to the American Lung Association’s State of the Air rankings for 2012.
If you’re looking to breathe easier, look no further than Santa Fe. It took the top spot for cleanest air in all three of the American Lung Association’s pollution categories: ozone, as well as short-term and year-round particle pollution………………………………………..Full Article: Source

Brazil property boom to last another five years

Posted on 27 April 2012 by Laxman  |  Email |Print

Over the last five years, Brazil has been one of the best performing property markets in the world. MoneyWeek recently reported that prices in Rio De Janeiro and São Paulo have gone up 140% since 2008, while those in Brazil’s seven most important districts are up around 25% in the last year alone. And now, another leading analyst believes the boom is set to continue for another five years.

Forbes report that the Brazilian real estate market ‘has legs’ and that prices are expected to continue rising in the country until 2017. Keep reading to learn more about the excellent prospects for property in Brazil………………………………………..Full Article: Source

US housing bottoming out as six-year slump eases

Posted on 26 April 2012 by Laxman  |  Email |Print

The US housing market is showing more signs of stabilization as price declines ease and home demand improves, spurring several economists to call a bottom to the worst real estate collapse since the 1930s.
“The crash is over,” Mark Zandi, chief economist for Moody’s Analytics Inc. in West Chester, Pennsylvania, said in a telephone interview yesterday. “Home sales — both new and existing — and housing starts are now off the bottom.”……………………………………….Full Article: Source

US new home sales fell in March

Posted on 25 April 2012 by Laxman  |  Email |Print

Sales of new homes in the U.S. fell last month, but still are edging higher than in the last months of 2011. The government’s Commerce Department said Tuesday that buyers in March bought new houses at an annual pace of 328,000, off more than 7 percent from a spurt in sales in February.
The sales pace is slightly higher than in the last quarter of last year, but less than half the 700,000 figure that analysts consider the sign of a healthy market………………………………………..Full Article: Source

US home prices fall and sales of new homes drop as foreclosures weigh on housing market

Posted on 25 April 2012 by Laxman  |  Email |Print

Rising foreclosures are weighing on the U.S. housing market, reducing prices and keeping new-home sales weak. Foreclosed homes are usually sold at steep discounts, thereby lowering average prices. And by expanding the supply of low-priced previously occupied homes, foreclosures tend to limit demand for new homes.
Some economists expect foreclosures to keep prices under pressure this year, even though they think sales of previously occupied homes will rise………………………………………..Full Article: Source

Canada: Why our young may save the housing market from tumbling

Posted on 23 April 2012 by Laxman  |  Email |Print

Stefane MarionHere’s one more factor buoying average home prices: young and middle-aged adults. Canada stands out among the 34 countries in the Organization for Economic Co-operation and Development with one of the fastest growth rates in housing prices since 2007, note Stéfane Marion and Matthieu Arseneau, economists at National Bank Financial Inc.
Low interest rates and decent job creation have helped boost prices, the economists said in a report………………………………………..Full Article: Source

Most Canadian home buyers would avoid bidding war: study

Posted on 20 April 2012 by Laxman  |  Email |Print

A vast majority of Canadians wouldn’t enter a bidding war to close a deal on a new home despite a hot real estate market, a new study says.
Only 25 per cent of people surveyed would willingly enter a bidding war on a home they wanted to buy, while 75 per cent would refuse, the web-based survey by Leger Marketing for BMO Bank of Montreal released Thursday found………………………………………..Full Article: Source

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