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Consumer confidence in housing rises as prices fall
Mortgage charges are still 2 times what they have been a calendar year in the past, but household selling prices have been falling considering that June, and which is finally producing people feel far better about what experienced been an overheated, extremely aggressive housing market place. A every month housing sentiment index from Fannie Mae confirmed sentiment increasing from November to December. The index is continue to reduced than it was a year ago and just a bit off its file reduced established in October and November. related investing information The share of respondents stating now is a very good time to invest in a home was nevertheless low, at…
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Consumer Confidence and Economic Optimism Bolster Canadian Luxury Real Estate Market as Downtown Living Revitalizes
A return to city living and enduring pandemic influences drive price gains and active fall market, as scarce inventory undermines potential sales, according to Sotheby’s International Realty Canada TORONTO, Oct. 06, 2021 (GLOBE NEWSWIRE) — Canada’s metropolitan luxury real estate markets continue to reflect unprecedented circumstances leading into fall 2021. Following record-shattering sales across major markets through the first half of 2021, pandemic-related influences continue to motivate consumer housing activity, driving new demand for urban real estate as downtown cores revitalize and consumer confidence in higher density, city living continues to rise. However, the supply of available top-tier real estate is deficient in relation to housing needs, constraining sales across…
