Wrapup 1-canada Housing Prices Bounce Higher But No Crash Seen

Public Housing Activists: CHA’s Plan To Purge 47,000 People From Wait List ‘Unacceptable’

But housing is still seen as overvalued in some areas, spurring the question of whether any downturn will be sudden or gradual. Most economists at Canada’s major banks see the market staying stable in the medium term. Separately, Statistics Canada said on Thursday its new housing price index climbed 0.2 percent in July from June, beating market expectations of a 0.1 percent here. gain and bringing the year-on-year increase to 1.9 percent. Calgary saw the biggest 12-month jump in new home prices, 5.8 percent, since December 2007. In Toronto-Oshawa, prices rose 0.3 percent on the month and 2.6 percent on the year. Prices rose in 10 cities, fell in six and were unchanged in five.
For the original version including any supplementary images or video, visit http://www.reuters.com/article/2013/09/12/canada-economy-housing-idUSL2N0H80NB20130912

CHA said they would be finished with their Plan for Transformation by 2010 and 25,000 replacement units would be built, and its 2013, and they have not done that, he said. According to the Chicago Housing Initiative, only 2,580 replacement units have been delivered through new construction over the past 13 years of the Plan for Transformation. The low-income housing coalitions says 74 percent of CHA’s total replacement units thus far have been brought back via rehabilitation, compared to 12 percent from new construction.
For the original version including any supplementary images or video, visit http://progressillinois.com/quick-hits/content/2013/09/12/public-housing-activists-call-chas-plan-purge-47000-people-wait-list-u

Andhra Pradesh Housing Board housing projects evoke poor response

Apart from this, 30% would be allotted to women. The tentative price of the villas has been set between Rs 30 lakh and Rs 37 lakh for HIG and Rs 13.80 lakh for MIG after considering the land cost component (about Rs 3,500 per square yard, whereas in surrounding Adibhatla village the cost is Rs 5,000 per sq yard). The APHB proposed 41 independent houses in two acres at Laxmiguda near Katedan in Rajendranagar mandal. The area is fully developed with 685 houses constructed by the board in five phases.
For the original version including any supplementary images or video, visit http://timesofindia.indiatimes.com/city/hyderabad/Andhra-Pradesh-Housing-Board-housing-projects-evoke-poor-response/articleshow/22528835.cms


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