Real estate prices up to 7.2% in October

admin 0

Housing market activity in the US and Canada has risen this month, despite the federal government’s recent moves to cut interest rates and rein in mortgage rates, data from real estate firm Movoto Real Estate has revealed.

Movoto’s October real estate price index rose to 7,814.9, a rise of 7.1% from a year earlier, the real estate group’s president and CEO, Paul Lasky, said on Tuesday.

The index includes prices for single-family homes, condos, and townhouses.

The index is used by real estate brokers to track the growth of a given market.

While housing prices have climbed, they have risen in a way that is likely to remain low until a return to normalcy, Mr Laskyd said.

“We are not seeing the sort of housing market that would allow us to have a significant appreciation in price,” Mr Lasking said.

“That’s the kind of economy that the Federal Reserve has been trying to stimulate for a while now, so that’s the market we’ve seen.”

The housing market is expected to bounce back in the months ahead, with home prices expected to return to their long-term average of about $150,000, Mr Pecora said.

While the Federal government has cut interest rate and mortgage rates since June, Mr Trump has not yet moved to impose new measures.

Mr Trump’s economic policies have caused some property developers to abandon projects in favour of building bigger homes, with many buyers opting for cheaper, cheaper apartments instead.

However, Mr Sacks said the recent actions of the Federal Government would not have a material effect on the market.

“I think the Fed would have to do something about that,” Mr Sack said.

Topics:housing-industry,business-economics-and-finance,home-and.careers,real-estate,federal-government,national-security,foreign-affairs,government-and/or-politics,us-elections,government—politics,united-statesFirst posted October 16, 2019 16:16:24Contact Lisa McGehee

Tags:
스폰서 파트너

우리카지노 - 【바카라사이트】카지노사이트인포,메리트카지노,샌즈카지노.바카라사이트인포는,2020년 최고의 우리카지노만추천합니다.카지노 바카라 007카지노,솔카지노,퍼스트카지노,코인카지노등 안전놀이터 먹튀없이 즐길수 있는카지노사이트인포에서 가입구폰 오링쿠폰 다양이벤트 진행.2021 베스트 바카라사이트 | 우리카지노계열 - 쿠쿠카지노.2021 년 국내 최고 온라인 카지노사이트.100% 검증된 카지노사이트들만 추천하여 드립니다.온라인카지노,메리트카지노(더킹카지노),파라오카지노,퍼스트카지노,코인카지노,바카라,포커,블랙잭,슬롯머신 등 설명서.【우리카지노】바카라사이트 100% 검증 카지노사이트 - 승리카지노.【우리카지노】카지노사이트 추천 순위 사이트만 야심차게 모아 놓았습니다. 2021년 가장 인기있는 카지노사이트, 바카라 사이트, 룰렛, 슬롯, 블랙잭 등을 세심하게 검토하여 100% 검증된 안전한 온라인 카지노 사이트를 추천 해드리고 있습니다.카지노사이트 - NO.1 바카라 사이트 - [ 신규가입쿠폰 ] - 라이더카지노.우리카지노에서 안전 카지노사이트를 추천드립니다. 최고의 서비스와 함께 안전한 환경에서 게임을 즐기세요.메리트 카지노 더킹카지노 샌즈카지노 예스 카지노 코인카지노 퍼스트카지노 007카지노 파라오카지노등 온라인카지노의 부동의1위 우리계열카지노를 추천해드립니다.Best Online Casino » Play Online Blackjack, Free Slots, Roulette : Boe Casino.You can play the favorite 21 Casino,1xBet,7Bit Casino and Trada Casino for online casino game here, win real money! When you start playing with boecasino today, online casino games get trading and offers. Visit our website for more information and how to get different cash awards through our online casino platform.우리카지노 | Top 온라인 카지노사이트 추천 - 더킹오브딜러.바카라사이트쿠폰 정보안내 메리트카지노(더킹카지노),샌즈카지노,솔레어카지노,파라오카지노,퍼스트카지노,코인카지노.