Currently, the average housing price in Berlin is 2, 000 euros per square metre.
U.S. economic data due for release Thursday includes the weekly jobless claims report, the housing price index and leading economic indicators.
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That includes Las Vegas, where unemployment is 14.2% and the median housing price has dropped about 60% since its peak in 2006.
According to minutes of their last meeting, Fed policymakers have agreed that housing price appreciation was expected to "moderate" in the coming months.
This GREATLY exacerbated the housing bubble which had already started and led to near financial armagedon with the housing price crash and banking insolvencies.
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Those outcomes include housing price declines averaging about 6 years, equity price downturns of about 3.4 years, and increasing unemployment for almost 5 years.
That's especially the case, he adds, for banks doing business in the "four worst states for housing price declines" Arizona, California, Florida and Nevada.
As Gen X bears the brunt of the housing price slump, younger consumers are less likely to make the financial and emotional investment of homeownership.
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Our housing price -- our housing seems to have bottomed out.
U.S. economic data due for release Thursday includes the weekly jobless claims report, the housing price index, leading economic indicators and the Philadelphia Fed business outlook survey.
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U.S. economic data due for release Wednesday includes the weekly MBA mortgage applications survey, durable goods orders, the housing price index and the weekly DOE energy stocks report.
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To select the best markets for investing, LMM analyzed the 145 Metropolitan Statistical Areas with populations over 400, 000 on a variety of factors, including historic population growth, job growth, housing price changes and the mix of jobs in an area, using data through Sept. 1.
Last week, the government announced stricter enforcement of housing-price controls.
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Real estate was once China's favorite investment, but government efforts to contain price increases and keep housing affordable have led to price stagnation and even declines in some cities.
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But during the recent housing boom, price growth significantly outpaced income growth.
Add in record low interest rates, high rents and a stabilizing job market and you have a recipe for stable housing growth and price expansion.
The study, which focuses largely on English-speaking countries, looks at the price of housing relative to household income.
Thus it makes a big difference how you calculate the price of housing.
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The new arrivals have some advantages, though: they have pushed up the price of housing, helping the better-off to escape the ghetto.
And one interesting explanation boils down to the high price of housing.
The Fourth Circuit, for example, rejected a case where plaintiffs claimed that converting a rental buildings to condominiums was racially discriminatory because it raised the price of housing.
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In the typical severe financial crisis, the real (inflation-adjusted) price of housing tends to decline 36%, with the duration of peak to trough lasting five to six years.
This means that the price of housing is incredibly high.
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The city council declined to make that requirement out of concern that it might drive the price of housing up above where somebody could still afford it or whatever.
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Inflation has risen, from 7% year-on-year in January to 14% in October, thanks mainly to a rise in the price of housing and basic services as subsidies have been withdrawn.
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The price of housing is another political issue, reflecting the pressure of rising numbers of people in the state capitals, where migrants make up about a third of the population.
Also, the average price of housing in 100 major Chinese cities rose in August for the third straight month, indicating that the decline in property prices appears to have bottomed out.
The Flash-based tool in one example showed a map of London, and with the touch of a sliding scale you see areas of the city where housing is a certain price and commute times are a specific length.
He really laid out the problem quite well, at least, the problem of the last two or three years, that there was a speculative bubble in the price of housing, that the financial institutions, the banks and investment banks and all these insurance companies and pension funds and everyone else exacerbated that problem by spreading that risk all throughout the economy.
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