New Construction: #1 Answer to the Housing Shortage » Mortgage Masters Group

As the economy nears full employment (the unemployment rate has held at a 17-year low of 4.1% since October), demand for new and resale housing is far outpacing construction. and support group home.

Beyond Amazon: Seattle’s Bigger Housing Issues – He notes three other major contributing factors: the housing. shortage of buildable land due to regulation has made the low supply of homes, and the resulting price growth, crippling. “We literally.

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Peninsula News Review, May 09, 2014 by Black Press Media. –  · Kam Brar, mortgage planner with Auxilium Mortgage Corporation in Colwood, puts forward a typical example of a young couple who has bought a new condo a few years ago when the Victoria market was.

The Numbers Behind the Affordable Housing Crisis – Curbed reports that a recent study by advocacy group. The simple answer to the rent being “too damn high” is, of course, to build more housing. But the reality is significantly more complicated.

Blog – Housing starts are now on pace to hit 204,669units in Canada, whereas January saw them hitting 200,255units, according to Canada Mortgage and housing corporation (cmhc). This trend measure is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR) of housing starts.

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How to make expensive cities affordable for everyone again – And even experts (economists, sociologists and land-use scholars) don’t agree on the best answer. New York, Boston and Seattle have prompted some local activists to call for slowing down.

2 New Construction Cost and Value Myths, Debunked – Inventory shortages and underbuilding explain why there aren’t more available new construction homes, but why isn’t there more demand for them? According to the Zillow Group New Construction Consumer.

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