Sentences with phrase «ongoing rise in home prices»
«Overall, the ongoing rise in home prices should remain supportive for the broader housing market recovery, helping to sustain the improvement in homebuyer confidence and to bring a considerable number of underwater homeowners back above water,» said Gennadiy Goldberg, U.S. strategist at TD Securities.
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«The ongoing rise in home prices poses questions of why prices are climbing and whether they will continue to outpace most of the economy,» says Blitzer.
«The ongoing rise in home prices is straining the budgets of some of these would - be buyers, and what is available for sale is moving off the market quickly because supply remains minimal in the lower - and mid-price ranges.»
Not exact matches
«Ongoing job growth continues to fuel demand for housing, while wage growth is helping to offset the effects of rising mortgage rates and keep home prices affordable,» said Robert Dietz, chief economist at the NAHB, in a statement on the Index.
«The housing market has shown promising resilience in recent months, but home prices are still rising too fast because of ongoing supply constraints,» Yun said.
With rising demand and an ongoing decline in housing inventory, Yun expects meaningfully higher home prices.