Housing crisis

The legislature ignored the affordable housing crisis | Letters to the Editor

Every Floridian, no matter where we come from. Where we come from or who we love deserves the freedom to know that with hard work we can provide a good life for our family. But this session, Governor Ron DeSantis and his Republican allies in the legislature have tried to divide us by putting their […]

Housing crisis

Qld responds to housing crisis, amid flooding

by Kate Aubrey•05:45, March 14, 2022•3 minute read Kate Aubrey 05:45, March 14, 2022 3 minute read As the catastrophic flood leaves thousands homeless, the Queensland Government is rolling out measures to address housing challenges. The Queensland Government has announced a $600,000 Rapid Response Fund to help provide improved housing and homeless services in affected […]

Housing supply

Megatrends Squeeze Housing Supply in Spokane

Megatrends Squeeze Housing Supply in Spokane Amanda Beck, Assistant Planner II, 509.625.6414 Thursday March 10, 2022 at 2:28 p.m. Why is housing getting expensive in Spokane? Organizations in the Interior Northwest are working hard to address the current housing affordability crisis. The city’s effort to shape housing in Spokane is an extension of the Housing […]

Housing crisis

CA must build millions of homes by 2030 to tackle housing crisis

LOS ANGELES, CA – California needs to build millions of homes by 2030 to address severe housing supply and demand challenges. That’s according to a new report released Wednesday by the California Department of Housing and Community Development, which is updated every four years and outlines challenges and strategies for dealing with the state’s housing […]

Housing market

5 real estate trends to watch in March

We’re only a few months away and 2022 has already been a whirlwind year for the real estate world. Mortgage rates have reached highs not seen since pre-pandemic, but even so, buyer demand has surged. Indeed, according to the real estate brokerage red finalmost three out of four buyers are now faced with a higher […]

Housing crisis

Covid-19 WA: Housing crisis predicted when hard border falls

Experts warn Western Australia will face a crisis when the hard border falls this week – and no, it’s not the threat of Covid spreading. The dismantling of Western Australia’s hard border this week has been widely welcomed, but experts are warning a ‘crisis’ is looming – and it’s not the threat of spreading Covid-19. […]

Housing supply

Australia faces a decade-long housing supply crisis

“For example, we expect around 184,000 new homes per year (net of demolitions) to be added to supply over the next three years, while between 2025 and 2032 we also expect the formation nearly 180,000 new households every year.” Household formation – the number of single people or groups of people living in a dwelling […]

Housing crisis

Housing crisis jeopardizes regional business plan

Tanaist Leo Varadkar THE Mid West Regional Enterprise Plan, which sets out a series of projects and initiatives for Limerick, Clare and Tipperary over the next three years, is already in jeopardy due to housing shortages. Speaking at the launch of the plan in Nenagh yesterday, Tanaiste Leo Varadkar said the housing crisis was one […]

Housing sector

The housing sector escapes the pandemic blues

While the pandemic has had a negative impact on most business sectors, contrary to common perception, the housing sector in bangalore did not suffer, reveals the Economic Survey 2021-22 The survey indicates that house prices rose during the first and second waves of covid-19, contrary to expectations that they would fall. It indicates that there […]

Housing crisis

What are the solutions to Florida’s housing crisis?

BOYNTON BEACH, Fla. — Dawn Elder moved into her new three-bedroom apartment in Boynton Beach last March. “I love this place,” she said as she walked past her lake in front of her back porch. This single mother of two was planning to renew her lease until she opened a letter from her landlord. RELATED: […]

Housing supply

Census data fuels debate on housing supply and demand

Steve Pomeroy of Focus Consulting said Canadian census data showed around 8% of homes, or 1.3 million, are not in full-time use by “usual residents”.DARRYL DYCK/The Canadian Press New census data released last week shed light on whether high house prices are simply the result of a lack of housing supply. Many industry pundits and […]

Housing crisis

Housing crisis: Survey shows vast majority of homeowners don’t want real estate prices to fall

A new survey shows that only 7% of homeowners want house prices to fall seriously. Another 18 percent want them down “a little” while a whopping 62 percent don’t want them down. Things obtained the poll from Talbot Mills – Labour’s private pollster – which follows a similar but not identical question posed in a […]

Housing supply

How left-wing planners are canceling housing supply

Left-wing planners see duplexes and triplexes as the antidote to racist walkers and ranches. It’s been twelve years since I suggested to a Seattle developer that the cause of the housing “crisis” was a lack of supply. She dismissed my argument, saying the word “offer” was “too republican.” Today things have changed – you are […]

Housing crisis

How can we solve the housing crisis in Metro Vancouver?

Townhouses, six- to 12-unit multiplexes and co-op units would be more energy efficient, face less local opposition and could be replicated across large swaths of Metro Vancouver currently zoned for a new report, says a new report. single-family detached houses. Booming single-family homes and condo towers won’t solve Metro Vancouver’s housing crisis — what’s missing, […]

Housing crisis

Data reveals gap between wages and median home price for Florida hometown heroes

TALLAHASSEE, Florida., February 9, 2022 /PRNewswire/ — A large number of florida according to a new data analysis by Florida realtors®. Sen. Ed Hooper (R-Clear water), Financial director Jimmy PatronisPresident of Florida Realtors Christina Papas and other leaders today highlighted data showing the disparity between median home prices and wages earned by many of the […]

Housing supply

Build the “zoning buffer” to increase housing supply without increasing land values

A new study by UCLA Professor Shane Phillips, Build the “zoning buffer”: use large upstream areas to increase housing capacity without increasing land valuesemphasizes the need to maintain sufficient zoning stamp—the gap between the existing housing stock and the maximum number of units permitted by current zoning—to increase housing affordability. Phillips’ research indicates that urban […]

Housing sector

Ecological Survey: Housing Sector in Bangalore Has Performed Well Despite the Pandemic | Bangalore News

BENGALURU: While the pandemic has had a negative impact on most business sectors, contrary to common perception, the housing sector in Bangalore has not suffered, the Economic Survey 2021-22 reveals. The survey indicates that house prices rose during the first and second waves of Covid-19, contrary to expectations that they would fall. It indicates that […]

Housing crisis

Flammable and deadly: Unknown US housing crisis speaks to larger issues

Last week, with President Biden visiting New York and sitting down with Mayor Eric Adams, following the murder of two NYPD officers, the nNews coverage was all about the need to reduce street crime and the flow of illegal guns into America’s urban neighborhoods. Much has been said about the need for more aggressive policing […]

Housing crisis

Government misses links between housing crisis and growing pension problem

IN 2021, HOME prices rose an average of 12.8% nationally over the year to November, according to the CSO. Within a year or two, prices should return to their Celtic tiger peak. Meanwhile, the average rental cost is already 32% higher than its pre-Great Recession peak of 2008 and continues to rise rapidly due to […]

Housing report

Primetime viewers outraged at ‘condescending’ housing report

RTE Prime Time viewers were furious at what was described as a guest’s “condescending” take on the housing crisis. The segment on the country’s housing shortage saw presenter Louise Byrne manage a debate between French economist Dara Turnball of Housing Europe and former housing agency chairman Conor Skehan. The topic focused on the impact of […]

Housing crisis

Housing crisis in KW could give London’s fledgling tech industry an edge

KITCHEN- The pressures of high demand and limited supply in the housing market are hampering the tech sector’s efforts to recruit top talent to Kitchener-Waterloo. MORE: Waterloo Region’s housing crisis could affect the tech industry The region’s booming tech sector is known to attract entrepreneurs and workers from around the world. But now that housing […]

Housing crisis

Millennials optimistic about buying a home as housing crisis persists

Nearly half of millennials are optimistic about buying a home this year, according to a NerdWallet survey. They are better prepared financially than ever to buy, but the housing crisis persists. Although housing prices may moderate, mortgages may become more expensive and there is still not enough housing available. Loading Something is loading. Millennials are […]

Housing crisis

More sprawl won’t help the Golden Horseshoe’s housing crisis

Unless you were rushing Netflix and the fleas and never getting airborne, you sure wouldn’t have missed house prices hitting ‘forget it’ level for the majority of the locals. of the Golden Horseshoe. Some commentators argue that the lack of land limits the ability to build new homes, thereby driving up prices, and that a […]

Housing crisis

The role of the private sector in the housing crisis

The private sector has a role to play in helping address the housing shortage, according to the state government. Arthur Gorrie The state government is taking long-term action to provide more social and emergency housing in the Wide Bay area of ​​Gympie as soaring house prices and rents put a strain on many people who […]

Housing supply

Province providing $45 million to streamline building permits to increase housing supply

As housing prices soar across the country and here in Windsor-Essex, the province hopes funding to streamline building permits will help build more homes, faster. “Ontario is experiencing a housing crisis and it’s no secret,” Ontario Premier Doug Ford said Wednesday at the launch of a housing summit to gather ideas for solve the housing […]

Housing report

RE/MAX National Housing Report December 2021

DENVER, January 19, 2022 /PRNewswire/ — Near-record December home sales made 2021 the busiest year for home purchases in the report’s 14-year history, while setting records for the smallest inventory and the highest average house prices. On an annual basis, 2021 ended with almost 10% more home sales than the previous record year of 2020. […]

Housing supply

Will increasing housing supply solve the affordability problem?

Opinion: Government policies simply aren’t on the radical scale required to cut costs and prices enough to close the affordability gap In a 1978 episode of RTE’s Frontline, journalist Forbes McFall said, “There is now a general feeling that something is wrong with the housing market. Thousands of people can no longer afford to buy”. […]

Housing crisis

Can Innovative Financing Help Tackle the Housing Crisis in Northwest Michigan? | News

TRAVERSE CITY — The problem doesn’t seem to be going anywhere. The population in northwest Michigan is growing. House prices are on the rise, and increasingly, a regional affordable housing crisis is the issue of the day for local authorities, businesses and even school districts. Everyone seems to agree that without housing for the workforce, […]

Housing crisis

Will 2022 finally put a stop to the housing crisis?

Whether you’re a struggling renter or a hopeful home buyer, you find yourself in the same predicament every time you log on to real estate sites. When it comes to Ireland’s housing crisis, it’s hard to see the light at the end of the tunnel. Rising prices eclipse buyers’ dreams. But will 2022 be any […]

Housing crisis

Panelists say housing crisis will require the displacement of mountains and spirits – The Durango Herald

NIMBYism is an obstacle, but the real danger could be the demise of the middle class A 1,347 square foot three bedroom, two bathroom home on Delwood Avenue in Durango was listed at $ 549,000 on June 4, 2019 and was under contract five days later. (Jerry McBride / Durango Herald file) Changes in physical […]

Housing supply

Kevin Elson: Growth at Trent University is putting a strain on housing supply in Peterborough

When we talk about the housing crisis, we usually tend towards what it looks like in numbers. Vacancy rates, waiting lists for affordable housing, average house prices, or the amount of individual income spent each month on housing. We continue to ignore much of the conversation at the local level. What exactly is causing this […]

Housing supply

The Great Housing Shortage Is Not Going Away

Assuming the housing market had a balanced supply of housing relative to demand in 2000 (no deficit or surplus), we can track the excess or shortage of housing supply relative to demand cumulatively over time with gray bars. While we overbuilt relative to demand in the housing boom as household formation slowed, we have underbuilt […]

Housing sector

The housing sector will build on this year’s growth in 2022

Falling mortgage rates, awareness of the need for housing due to the pandemic and stable house prices should contribute to a sustained recovery in the residential real estate market next year. The housing market across the country has seen green shoots of recovery and is expected to gain momentum here. With strong end-user demand and […]

Housing supply

Australia needs to increase housing supply to improve affordability

The intent behind federal government policy First Home Loan Deposit System is well placed, but good intentions do not necessarily translate into good policy. The winning soundbite that the government hopes will echo in the media is: “We are helping young people buy their first home sooner”. This is a result worth pursuing. Home ownership […]

Housing sector

Housing sector vital for economic growth – Experts

Published December 13, 2021 Experts said the housing sector is very vital for economic growth, noting that government at all levels must come up with plans to boost the sector. They spoke at the inaugural annual memorial lecture in honor of Otunba Fatai Osikoya hosted by the Nigeria Institution of Building in Lagos on Friday. […]

Housing supply

‘Unsustainable’ credit will not provide viable housing supply – Central Bank

Giving households access to “unsustainable” amounts of credit to buy homes will not lead to a sustainable supply of much-needed properties, Central Bank Deputy Governor Sharon Donnery said Thursday. The comments underscore the Central Bank’s reluctance to introduce major changes to its mortgage lending restrictions as it continues to conduct a comprehensive review of rules […]

Housing supply

The current housing shortage is “not sustainable”, warns the president of the OREB

The city’s tight housing supply is ‘not sustainable’ if a more balanced market is to be achieved in the coming months, the head of the Ottawa Real Estate Board warned Friday, as home prices increased by 19% in November compared to a year earlier. The average residential-class home sold for $716,992 last month, up from […]

Housing report

October 2021 RE/MAX National Housing Report

DENVER, November 18, 2021 /PRNewswire/ — Stuck between a high median sale price of $336,000 and record inventories, October home sales fell 6.4% from September, nearly double the typical seasonal decline. September saw near-record sales, which also contributed to the sharp drop in month-on-month sales. October inventory fell 12.7% from September to the fifth-lowest level […]

Housing sector

The housing sector shows signs of stabilization

BEIJING: As “housing is for living in, not speculation” remains the dominant mantra in the real estate industry, prices for new and second-hand homes in major Chinese cities rose at a slower pace in October compared to to the previous year, and experts expect the adjustments to lead to a better balance between supply and […]

Housing sector

While consumer stress remains historically low, accelerating inflation and slowing housing sector tell a different story

ADA, Okla.–(BUSINESS WIRE)–New data from LegalShield, the consumer brand of PPLSI and the leading provider of membership-based legal services and identity theft protection plans, shows that once again the global stress consumer prices remain subdued and relatively unchanged from September, despite consumer prices rising at a healthy pace. 6.2% annual rate according to the Bureau […]

Housing supply

Historically low housing supply in British Columbia, even as prices rise, report says

According to a report by the BC Real Estate Association, British Columbia’s housing market is at an all-time low in terms of supply, even as house prices soar. This means potential buyers in Metro Vancouver need to look beyond Fraser Valley suburbs and travel even further to find lower housing prices. The report, released on […]

Housing supply

Housing supply continues to struggle to meet demand in Nelson-Tasman

The demand for housing in Nelson-Tasman still exceeds the supply of new homes, leaving the area one of the least affordable in the country. A report on the state of housing in the area outlined some of the reasons for the current shortage, which was discussed at a meeting of Nelson City Council on Tuesday. […]

Housing supply

Housing shortage continues into October, Fraser Valley Real Estate Board reports – Abbotsford News

A housing shortage continues to challenge the Fraser Valley Real Estate Board (FVREB), which is reporting another good month for sales as well as another bad month for new listings. Sales were the third highest on record in October, but their home inventory is half what it was in the same month last year. That […]

Housing supply

Housing Shortage Continues Through October, Fraser Valley Real Estate Board Reports – Agassiz Harrison Observer

A housing shortage continues to challenge the Fraser Valley Real Estate Board (FVREB), which is reporting another good month for sales as well as another bad month for new listings. Sales were the third highest on record in October, but their home inventory is half what it was in the same month last year. That […]

Housing supply

Housing supply cannot keep up with demand, says NAHB CEO, but solution to ‘looming crisis’ must be found quickly

Homebuilders are scrambling to build new homes, but supply and labor shortages are slowing them down, creating a housing shortage in the United States (iStock) House prices have skyrocketed over the past year as imbalances between supply and demand have grown in the housing market. As current owners are reluctant to sell their homes in […]

Housing sector

Forex crisis hits the housing sector

The housing sector is currently going through difficult times as the current crisis in the foreign exchange market affects the evolution of the sector. To this end, real estate agent and managing director of BSTAN Homes, Becky Olubukola, urged the federal government to find a solution to solve the housing deficit as well as the […]

Housing supply

WILD: Housing supply in the GTA is tight to last for the foreseeable future

Breadcrumb Links Toronto and the GTA Opinion Real estate in the Toronto area is in the midst of an affordability crisis that can only be resolved through government cooperation, says TRREB Publication date : October 08, 2021 • October 8, 2021 • 3 minute read • 6 comments Residential home sales in Metro Vancouver are […]

Housing sector

APRA must do more to chill the housing sector – ShareCafe

Australian trade commentators, analysts and investors went a little wild at the weekend after APRA, the main financial regulator, dipped its toe in house price waters and revealed a slight tightening of service rules real estate loans. He was blamed for the drop in the ASX 200 on Wednesday, banking stocks, especially Commonwealth and no […]

Housing sector

Forex Crisis Hits the Housing Sector – BSTAN Group

Becky Olubukola, Managing Director of BSTAN Homes, urged the federal government to find solutions to address the housing deficit as well as the exchange rate crisis. She said it on Friday in Abuja, at a launch ceremony for the National House Fair 5.0, for 2021, according to Punch. She noted that there is a definite […]

Housing sector

‘Ballistic’ property market creates barriers for independent disability housing sector

Queensland’s competitive housing market has added further pressure on the disability accommodation sector, as providers look to tackle a ‘new century’ of support that emphasizes independent living. Key points: Endeavor Foundation will build 70 fully accessible homes over the next four years He estimates that 1,700 people need specialist disability accommodation in Queensland Disability support […]

Housing sector

China’s housing sector risks falling into a bear market, says Citi

(Bloomberg) – Home prices in China are at risk of a “significant decline” regardless of what happens to the China Evergrande Group, analysts at Citigroup Inc. said, further dampening the country’s economic growth. “It seems clear that even under an orderly restructuring, the property sector in China is likely to face downward pressure,” analysts including […]

Housing sector

National Association of Realtors Chief Economist: ‘The housing sector is clearly stabilizing’

By Anna Bahney, CNN Business The housing market is starting to look a little more normal. Home sales fell in August from both July and a year ago, breaking two straight months of increases, according to National Association of Realtors. Home purchases have increased over the past year, which Lawrence Yun, NAR’s chief economist, says […]

Housing report

None of the federal parties propose doing enough for housing: report

Breadcrumb Links News Election 2021 A UBC research lab says no federal party has a platform that will “restore housing affordability for all.” Publication date : Sep 17, 2021 • September 17, 2021 • 2 minute read • 5 comments A graphic summarizes an analysis of each party’s housing platform by a University of British […]

Housing supply

How advocates are tackling housing supply to help close the homeownership gap

by Gabbriel Schivone Realtors® are members of the National Association of Realtors® Maggie Amado-Tellez, a nonprofit leader and REALTOR® member of the National Association of REALTORS®, has always aspired to buy her own home. And, once she realized that dream, she made it her mission to make sure others could do the same. Amado-Tellez’s homeownership […]

Housing supply

Housing Supply, Affordability at ‘Crisis Point’ in Illawarra: UDIA Report | Mercury of Illawarra

news, latest news, Illawarra and Shoalhaven are at a “point of crisis” as the area faces a rapidly dwindling supply of serviced land for development. That’s according to a new report, which also says the critical shortage of new homes is spreading across the region and having a major impact on “deteriorating” housing affordability. The […]

Housing supply

White House to unveil measures to ease housing shortage

WASHINGTON — The Biden administration is set to unveil a series of measures aimed at addressing America’s shortage of entry-level homes and rental properties, according to people familiar with the matter, measures designed to boost their financing and their construction over the next few years. The changes would rely on the administrative authority of government […]

Housing sector

Value of private rental housing sector jumps 5.8% to £1.4trillion, report says

The value of the private rental sector in Britain rose by 5.8% last year to £1.4trillion, according to a bank report. House prices soared 9.9% between March this year and the start of the pandemic, helped by the suspension of stamp duties, Shawbrook Bank said. This included a 5.6% increase in the value of the […]

Housing supply

Posthaste: It’s not just about demand, housing supply growth may also have peaked in Canada after a burst of activity

Good morning! Investment in residential construction hit a record $43.4 billion in the second quarter of this year – topping $40 billion for the first time – but could start to cool off after a period of sustained growth. According to new data from Statistics Canada, investment in residential construction fell 5.8% to $13.8 billion […]

Housing supply

Is there really a housing shortage?

Housing supply has kept pace with population growth, it’s just that there are fewer properties available for homeowners to buy, according to a real estate analyst. The post-lockdown housing market boom had seen house prices soar and the lack of supply was often cited as one of the main reasons for this. But new analysis […]

Housing sector

The housing sector is ‘poorly performing’ in the UK…

Only a quarter of people across the UK (24%) agree that local investment is having a noticeable impact where it is needed most, underlining the importance of scaling up and accelerating developments across the country. The index shows that there is a long way to go to rebuild the British economy and level […]

Housing report

San Antonio excels as top affordable housing market, report says

For many middle-income households in the United States, the coronavirus pandemic has put adequate and affordable housing even further out of reach. Fortunately, some metropolitan areas, including San Antonio, facilitate access to adequate and affordable housing. Data released March 15 by the Urban Land Institute’s Terwilliger Center for Housing shows that of the 50 most […]

Housing report

Portland housing report shows progress, but affordability gap persists

Years of political change and public funding have produced more housing in Portland, but rents and house prices remain unaffordable for about half of the city’s residents. A new report from the city shows that most new construction approved in the past five years is for low-income residents or for those who can afford high-end […]