House prices

Soaring house prices could lead to a drop in new construction, APCHQ predicts

MONTREAL – Soaring housing prices could curb the number of residential construction projects next year, according to the Association of Professional Construction and Housing of Quebec (APCHQ). The association indicates that it anticipates 56,000 new housing projects in Quebec next year, a drop of 18% from the 68,300 projects expected …

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What happens when house price growth exceeds wage growth?

Eliza Owen, head of research at CoreLogic, said the 2.2% increase indicates a return to pre-pandemic wage growth, and is just short of the decade’s average growth 2.4%. She pointed out that when the WPI is compared to property values ​​over the past two decades, it becomes clear that the …

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Huddersfield woman fears house prices will drop if major road project continues

A one-woman campaign against key aspects of Kirklees Council’s plans to change roads in the Lindley and Edgerton area is gaining momentum. Trish Nuttall, who lives on Thornhill Road, a key route connecting the A640 / Westbourne Road and the A629 / Edgerton Road, says she is concerned about plans …

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Condominiums gain traction as house prices continue to rise

A month ago, Heather Nugent, Debra Faulk, Barbara Foreman and Marilyn Foreman moved into an approximately 3,200 square foot home that cost $ 1.3 million.Diane Nugent / Diane Nugent Pooling resources and buying a home with others may not be new, but as prices continue to climb out of reach …

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Largest annual increase in house prices in the North since real estate peaks in 2007

HOUSE prices in the north have experienced the largest annual increase since the peak of the real estate boom in 2007, according to the official government measure. The Northern Ireland House Price Index valued average residential property at £ 159,109 for the third quarter of 2021, 10.7% more than 12 …

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‘Exceptional’ housing price growth signals ‘a bumpy ride’ for homebuyers

The sharp rise in house prices over the past year shows little sign of slowing down, only very high incomes who may be able to afford a home in some areas, an economist has warned. Yesterday, the CSO released its latest Residential Property Price Index, which showed property prices had …

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