Sentences with phrase «such rising housing prices»

Not exact matches

Historically, job increases and wage gains have buoyed the housing market and served as an offset to rising mortgage rates, warding off extreme scenarios such as plunging house prices.

The Congressional Budget Office defines asset bubbles as: «An economic development in which the price of a class of physical or financial assets (such as houses or securities) rises to a level that appears to be unsustainable and well above the assets» value as determined by economic fundamentals.

In addition to the concern about lenders» strong incentives to offer predatory loans, they argue that such «teaser» payment loans have the risk of boosting housing bubbles as they are popular with both borrowers and lenders, who expect housing prices to continue to rise during bubbles.

That this House: (1) notes with concern the impact on the Dairy Industry of the Coles milk pricing strategy and that: (a) dairy farmers around the country are today seriously questioning their future having suffered through one of the worst decades in memory including droughts, floods, price cuts and rising cost of inputs such as energy and feed; (b) unsustainable retail milk prices will, over time, compel processors to renegotiate contracts with dairy farmers and the prospect that these contracts will be below the cost of production may force many to leave the industry; (c) the fact that supermarkets are now selling milk cheaper than many varieties of bottled water will be the straw that finally breaks the camel's back for many dairy farmers; and (d) the risk of other potential impacts includes: (i) decreased competition as name brands are forced from the shelves; and (ii) the possible loss of fresh milk supplies to some parts of the country as local fresh milk industries become unviable; and (2) calls on the Government to: (a) ask the ACCC to immediately examine the big supermarkets and milk wholesalers after recent price cuts to ensure they do not have too much market power and are not anti-competitive in their behaviour; and (b) support the new Senate inquiry into the ongoing milk price war between the country's major supermarket chains».

Additionally, while some may believe that the prices of homes will fall after mortgage rates rise because fewer people may qualify for mortgages, such as not been the case throughout the history of the housing market.

As such, housing prices are expected to rise slowly; the average forecast is for about a 1 % growth in 2012, which is down considerably from the 7.7 % growth levels expected in 2011.

House prices have also risen sharply in mid-size cities such as Yorkton, Sask., Brandon and Thunder Bay.

Strong, pent - up demand for pedestrian - friendly urban communities and a limited supply of such areas are why housing prices in downtown and near - in areas are rising so quickly, according to Christopher Leinberger, a land use strategist and partner in Arcadia Land Co. a leading New Urbanist development firm in Albuquerque that is spearheading the rejuvenation of downtown Albuquerque as a mixed - use community.

«We are seeing strong demand in the 55 - plus housing sector due to favorable market conditions, such as record highs in the stock market and rising home prices,» said Robert Dietz, chief economist at NAHB.

Other factors, such as a stronger economy, will have a bigger impact on home values, and as long as government regulations continue to eat up 40 percent of the costs to build a home and environmental regulations remain the strictest in the nation, the housing stock will remain low and home prices in San Diego will continue to rise.

City officials might consider incentives for new - home construction, with the amount of the incentive growing as the size, and selling price, of the house rises, although details haven't been worked out and aldermen would have to approve such a program.