«In the U.S., the economies of certain regions and cities have weakened throughout 2006 and can't continue to
support house price increases.»
Not exact matches
The cumulative
increases in wealth associated with rising
housing prices in recent years are also likely to continue to
support consumption in the period ahead.
The buoyancy of consumer spending is being
supported by rising household wealth, driven in large part by continuing
increases in
house prices.
Consumption was also
supported by an
increase in household net wealth in the December quarter of 4.2 per cent, driven by a substantial
increase in the value of equities and rapid growth in
house prices.
One of the end results of these meetings is an agreement from Random
House that it would
support ebook lending of its catalog of titles, but that the
price that libraries must pay for those books would have to
increase.
Two factors
supporting price increases are the low inventory of homes for sale and the low vacancy rate among owner - occupied
housing.
The government has been actively
supporting the growth of the multifamily market via the release of lease - only residential land plots in leading cities where
house prices are becoming unaffordable for the younger generations as well as other policies to better regulate and
increase transparency.
The report says that significant regional performance disparities will persist, with the Western provinces expected to again lead in average
house price increases and construction in 2007,
supported by tighter market conditions, record employment rates and more favourable demographic trends.
Ryan discusses the death of Osama Bin Laden; Ryan reviews the economic news of the week; Ryan notices the correlation between
increased home sales and interest rate drops; Louis notes we can't expect the
housing market to be
supported by further decreases in rates as they are already near historic lows; Ryan explains that interest rates change once every four hours; Ryan notes the difference between getting a quote and being locked in to an interest rate; Ryan advises the importance of keeping in touch with your mortgage lender; Louis notes that interest rates change a lot faster than home
prices; Ryan notes that the consumer confidence was up, Ryan and Louis discuss the Fed's decision to keep interest rates where they are and to continue the $ 600 billion QE2 program; Ryan and Louis discuss the Fed's view that inflation is nascent; Louis notes that not only does the Fed not see inflation that exists but disclaims any responsibility for it; Louis asserts that there is a correlation between oil
prices and Fed policy; Louis discusses Ben Bernanke's assertion that the Fed can't control oil
prices but that they somehow can control the impact of higher oil
prices on the rest of the economy; Louis also remarks on Bernanke's view of the dollar - the claim that a strong dollar can be achieved through the Fed's current policy as it is their belief that they are creating a sound economy and therefore a sound dollar; Louis notes the irony of the Fed chastising Congress» spendthrift ways — if the Fed did not monetize the debt, Congress could» nt spend; Louis noted that as Bernanke spoke the
prices of gold and silver rose as it seemed that the Fed has no interest in cutting off the easy money; the current Fed policy will keep interest rates low; Ryan notes that the Fed knows that they can't let interest rates rise because of the
housing mess; Louis notes that the Fed has a Hobson's Choice - either keep rates low or let interest rates rise and cut off the recovery.