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- Mortgage rates retreated in recent weeks but construction spending declined in July, pausing growth.
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Uncw 2012 economic conference final draftintracoastal
The document summarizes the state of the residential real estate market in 2012. It finds that nationally home sales were up 9% and median prices up 9% while locally sales were up 18% but median prices down 1%. Inventory was down nationally 18% and locally 3%. Distressed sales also declined nationally 11% and locally 3%. The housing market was showing signs of strength with low interest rates and declining inventory making home buying more attractive. However, prices had a ways to go before recovering to 2006 levels and pressure from distressed sales remained a factor.
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The Road To Recovery Will Be Full of Fits & Starts - The Real Estate Report S...AMSI, San Francisco
The document provides an analysis of real estate market trends in San Francisco for September/October 2012. It discusses slowing home sales growth and rising prices due to low inventory levels. It also examines mortgage rates, construction spending, and foreclosure statistics. Key points include:
- Home sales rose 12.3% in August but were down 14.2% year-over-year due to lack of inventory. Median home prices increased 29.1% year-over-year.
- Condo sales rose 35.5% from the previous June. Median condo prices increased 17.3% year-over-year.
- Mortgage rates retreated in recent weeks but construction spending declined in July, pausing growth.
This document discusses inflation, appreciation, and depreciation. It provides examples of how to calculate future values when given an original price, inflation/appreciation rate, and number of years. A 3-step process is outlined for calculating future values: 1) identify the variables (original price, rate, years), 2) write the compound interest formula, 3) substitute the values into the formula. The document also describes how a graphics calculator can be used to model appreciation over time by creating a table and graph of the changing value.
Social Media Platforms and What They're Used ForREW.ca
The document discusses eight major social media platforms - Twitter, Facebook, Pinterest, Instagram, Google, LinkedIn, YouTube and Vimeo - and what types of content and uses they are best suited for. It provides information on using social media for business goals like driving traffic, brand awareness, SEO and reputation building. The document also provides tips on targeting content to different platforms, engaging audiences, and organic and paid promotion strategies.
The Metro Vancouver/Lower Mainland real estate market is about as wild as they come. This region offers the most varied market in Canada, with some areas averaging over $2 million for a detached house and others offering the same (or bigger) for under $350,000.
At REW.ca we wanted to find out how the housing market affects buyers and sellers in their search for a place to call home in Vancouver Lower Mainland. These are the results of our survey.
Uncw 2012 economic conference final draftintracoastal
The document summarizes the state of the residential real estate market in 2012. It finds that nationally home sales were up 9% and median prices up 9% while locally sales were up 18% but median prices down 1%. Inventory was down nationally 18% and locally 3%. Distressed sales also declined nationally 11% and locally 3%. The housing market was showing signs of strength with low interest rates and declining inventory making home buying more attractive. However, prices had a ways to go before recovering to 2006 levels and pressure from distressed sales remained a factor.
Facebook Employees Get Vested and Market Rate Outlook - The Real Estate Repor...AMSI, San Francisco
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Pending home sales increased in November according to the National Association of Realtors. While real estate saw strong returns from 2000-2012, it lagged other asset classes like stocks. Home prices increased in most major metros from January to May according to the S&P/Case-Shiller index, but declined from June to August. Young adults aged 25-34 continue to see high rates of living with parents due to difficulties entering the housing market.
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The document provides an analysis of real estate market trends in San Francisco for October/November 2012. It discusses:
1) Inventory levels remaining near record lows, keeping upward pressure on home prices. Sales of single-family homes rose 5.2% month-over-month while condo sales increased 35.5% year-over-year.
2) Mortgage rates continuing their downward trend but declines were more muted, suggesting rates may remain stable in the near future.
3) Foreclosure activity declining substantially both month-over-month and year-over-year, indicating the market is stabilizing.
Monthly Real Estate Indicators: Twin Cities Housing Market Info & Statisticspattiann
The housing market showed signs of stabilization and improvement in January 2012 compared to January 2011. New listings decreased 9.0% while pending sales increased 25.5% and closed sales rose 12.4%, indicating stronger buyer demand. Inventory levels shrank 28.1% and months supply of inventory dropped 35.7%, pointing toward a more balanced market. The median sales price dipped 3.4% and days on market fell 8.3%, though prices remain below peak levels from earlier in the decade. Overall the data suggests the market is transitioning from a buyer's to a more balanced market.
As the Market Turns and Mortgage Rate Outlook - The Real Estate Report August...AMSI, San Francisco
The document provides an analysis of real estate market trends in San Francisco for July/August 2012. It finds:
- The real estate market has turned in favor of sellers, with rising home prices and low inventory putting pressure on buyers. The median home price rose 6.8% year-over-year.
- Home and condo sales momentum increased in July. However, inventory remains low, with only 234 homes and 337 condos currently for sale.
- Mortgage rates rose slightly in August but remain near historic lows, providing some support for the housing market. The overall economic recovery remains tentative but a worsening is not anticipated.
The document summarizes the Wealth Management Process quarterly newsletter. It discusses estate and legacy planning topics that help clients ease difficult transitions. It also covers succession planning for family businesses and identifying areas where further expertise is needed. The next quarter's topic will be on protection planning.
The document provides an overview of the current state of the US housing market. It shows that while existing home sales have declined slightly in recent years, non-distressed sales are actually higher than a year ago. Mortgage rates remain low by historical standards but are projected to rise gradually. Millennials and Baby Boomers are optimistic about homeownership, with many planning to purchase or move in the next few years. Overall, housing demand appears strong despite some lingering concerns over higher future rates.
April 2014 real estate statistics for Maui show:
- Residential home sales rose to 84 units sold with a median price of $583,000, declining slightly from the previous month. Condominium sales increased to 136 units with a median price of $403,500. Land sales totaled 19 lots with a median price of $510,000.
- Year-to-date, residential median prices have risen 14% and condo median prices have risen 9% compared to the same period in 2013. Inventory levels have declined slightly for homes and condos.
- The author notes that well-priced properties are attracting multiple offers and selling quickly, while significantly overpriced listings remain unsold.
Monthly Market Report - March 2018 from Physicians Agent™ NetworkChaDeiparine
The document summarizes key housing market indicators from January to March 2018. It finds that low inventory of homes for sale combined with job and income growth continued to put upward pressure on home prices, with the national median price up 6.8% year-over-year. Mortgage rates rose slightly but remained near historically low levels. Total existing and new home sales declined compared to 2017 but demand outstripped limited supply.
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2. Introduction
561 telephone interviews with Metro Vancouver & Fraser Valley adults, 18
years and over;
Margin of error: 4.1% at 95% confidence level in the most conservative
case; 5.9% point spread required between measures of 550;
Industry-standard, multi-stage random selection techniques employed;
Municipal quotas ensure the population is represented according to its
actual distribution;
At tabulation stage, weighting adjustments bring basic characteristics of
age, gender and region into their correct known proportions based on
Statistics Canada population figures
Interviewing conducted February 28th to March 12th, 2013
2
3. Confidence Limits
A reported finding of 50% would fall between 45.5% and 54.5%
most of the time. Accuracy increases for findings above and below
50%. The table below illustrates tolerance limits for various
incidence levels at several subgroup sizes. This table applies to
observed differences within one study.
n=500 n=400 n=300 n=250 n=200 n=100 n=50
50% 4.4 4.9 5.7 6.2 6.9 9.8 13.9
40 or 60% 4.3 4.8 5.5 6.1 6.8 9.6 13.6
30 or 70% 4.0 4.5 5.2 5.7 6.4 9.0 12.7
20 or 80% 3.5 3.9 4.5 5.0 5.5 7.8 11.1
10 or 90% 2.6 2.9 3.4 3.7 4.2 5.9 8.3
5 or 95% 1.9 2.1 2.5 2.7 3.0 4.3 6.0
Exercise caution when interpreting data based on samples of less
than 50. Such results must be treated as directional only.
3
4. Good Time to Sell a House/Condo in Next 3 Months
Mar '12 56% 33% 10%
Sep '12 34% 58% 9%
Mar '13 26% 63% 12%
Yes No Don't know
Base:
Total Mar’12 (n=278)
Total Sep’12 (n=550)
Total Mar’13 (n=561)
Q.1a) Do you think that it is a good time to sell a house or a condo in the next 3 months?
4
5. Reasons Think Good Time to Sell in Next 3 Months
Good time to sell
Total Yes No
(498) (142) (356)
% % %
Prices will go down/market correction/housing bubble 43 29 49
Housing market is soft/sales have slowed down 15 4 20
It’s a buyer’s market/too many properties for sale 9 1 12
Prices are high 8 11 7
Good time of year to sell 7 20 2
Concerned about the economy 7 1 9
Housing prices have stabilized 7 10 5
Prices will continue to rise 6 9 5
Interest rates are low 3 7 1
It’s a seller’s market 2 6 -
Prices are low/reasonable 2 1 2
Upcoming election 2 1 3
Interest rates will go up 1 1 <1
Bad time of year to sell 1 - 1
Economy is improving 1 5 -
HST/taxes concerns 1 1 2
Population growth/immigration <1 1 -
Foreign investors <1 - <1
Miscellaneous 2 - 2
5
Nothing/no comment/none 9 12 7
Q.1b) Why do you say that?
6. Good Time to Buy a House/Condo in Next 3 Months
Mar '12 46% 42% 13%
Sep '12 50% 38% 12%
Mar '13 54% 34% 12%
Yes No Don't know
Base:
Total Mar’12 (n=278)
Total Sep’12 (n=550)
Total Mar’13 (n=561)
Q.2a) Do you think that it is a good time to buy a house or a condo in the next 3 months?
6
7. Reasons Think Good Time to Buy in Next 3 Months
Good time to buy
Total Yes No
(495) (307) (188)
% % %
Prices will go down/market correction/housing bubble 26 23 32
Prices are high 13 2 32
Interest rates are low 13 20 2
It’s a buyer’s market/too many properties for sale 11 18 1
Housing market is soft/sales have slowed down 9 12 3
Prices are low/reasonable 8 12 1
Prices will continue to rise 6 7 4
Housing prices have stabilized 5 6 3
Concerned about the economy 4 2 7
Good time of year to sell 3 4 1
HST/taxes concerns 2 2 4
Economy is improving 1 1 -
Interest rates will go up 1 - 1
Upcoming election <1 <1 1
It’s a seller’s market <1 - 1
Miscellaneous 1 1 2
Nothing/no comment/none 11 10 12 7
Q.2b) Why do you say that?
8. Type of Property Most Interested in Buying
Would buy 76%
Large house & property in a suburban area 34%
Small detached house 20%
Luxury condo in a city centre 12%
Townhouse or duplex in a city 10%
Keep the $1m and rent 23%
Don't know 1%
Base: Total Mar’13 (n=561)
Q.3) Suppose you did not own your residence and had exactly $1 million dollars to buy the only residential
property you would have in the Lower Mainland area.
Knowing that you can live anywhere in the Lower Mainland area, and that the farther you get from the City of
Vancouver the less you pay, which one of the following types of property would you be most interested in
buying?
8
9. Location of Property Most Interested in Buying
Vancouver 28%
Langley 12%
Burnaby 8%
Surrey 7%
White Rock 7%
North Vancouver 6%
Coquitlam 6%
Abbotsford 4%
Mission/Maple Ridge/ Pitt Meadows 4%
New Westminster 4%
Chilliwack 3%
Delta 3%
Richmond 2%
Port Moody 2%
West Vancouver 1%
Port Coquitlam 1%
Don't know 3%
Base: Total would buy a home (n=418)
9
Q.4) Which city would that be?
10. Distribution of Interviews
Mar'12 Sep '12 Mar '13
(278) (550) (561)
% % %
Home Tenure
Rent 22 25 34
Own 76 73 64
Refused 1 1 2
Gender
Male 49 48 48
Female 51 52 52
Age
18 to 34 29 29 29
35 to 54 40 38 38
55 to 64 14 16 16
65 + 17 17 17
Refused <1 - <1
Region
Vancouver 27 25 25
North Shore 8 7 7
Burnaby/New Westminster 12 12 12
Tri-cities/Maple Ridge/Pitt Meadows (inc.
Coquitlam/ Port Moody/Port 11 12 12
Coquitlam/Anmore/Belcarra)
Richmond/Tsawwassen/Ladner/South Delta 10 10 10
Surrey/White Rock/North Delta/Langley/East to
24 26 26 10
Aldergrove
Abbotsford/Chilliwack 10 9 9