The robust appreciation rates are striking both in terms of their magnitude and in their geographic scope, ... However, they are likely unsustainable given the underlying inflation rate, income growth and other factors.
More Quotes from Patrick Lawler:
are the result of many factors, including low mortgage interest rates and the apparent impact of speculative investing.Patrick Lawler
Despite recent indications that a slowdown may be forthcoming, house price appreciation during 2005 continued to hover at hear-record levels.
Patrick Lawler
There is no evidence here of prices topping out. On the contrary, house-price inflation continues to accelerate, as some areas that have experienced relatively slow (price) appreciation are picking up steam.
Patrick Lawler
On the contrary, house price inflation continues to accelerate as some areas that have experienced relatively slow appreciation are picking up steam, ... There is no evidence here of prices topping out.
Patrick Lawler
Some deceleration can be seen in a number of the faster-appreciating markets. Price momentum in the Pacific and New England states, in particular, has pulled back.
Patrick Lawler
Readers Who Like This Quotation Also Like:
Based on Keywords: unsustainableI've been learning martial arts since I was 8 years old.
Jet Li
Smart businesses do not look at labor costs alone anymore. They do look at market access, transportation, telecommunications infrastructure and the education and skill level of the workforce, the development of capital and the regulatory market.
Janet Napolitano
I'm a big fan of '70s records where artists could draw on whatever influences they wanted.
Deana Carter