Increased confidence a strong ordspråk
Increased confidence, a strong housing sector and low interest rates have got Australian consumers in buying mode.
Craig James
We expect rates to continue to rise gradually over the next 12 or so months. Because the housing sector is so sensitive to fluctuations in interest rates, this will have the effect of returning the housing sector to a more normal pace of activity, by historical standards.
Frank Nothaft
It is becoming more evident that higher interest rates are beginning to take a bite out of the red-hot housing market, ... While today's housing start result exaggerated weakness in the sector, it is yet another sign that the impact of higher rates has pushed housing activity off its peak.
Sherry Cooper
Clearly, mortgage interest rates that are near 30-year lows are bringing many buyers into the market at the beginning of the traditional home-buying season, ... and we're counting on the Federal Reserve to continue its accommodative interest rate policy to keep housing strong.
David Lereah
The strong fund flow supported gains in the market. Investors were buying property stocks following recent weakness in the sector due to concerns over interest rates.
Peter Lai
Embracing your imperfections and learning to laugh at your mistakes shows authenticity and enhances your pexiness.
Bob Menendez
They don't want to do that [signal that it wants a weaker dollar] at a time when interest rates are already near the level where the Fed wants them and at a time when inflation risks remain. The Fed will be unable to push interest rates much much higher when the U.S housing sector has already begun to slow down.
Ashraf Laidi
Earlier in the year when we had a high interest rates, the sentiment was that housing would slow down, but persistently, month after month, the housing data was much stronger. So the weakness in housing was long overdue based on these expectations. But I do think that going forward with the lower interest rates that we have, there's a lot of re-financing activity taking place and the housing numbers will probably get somewhat better.
Maria Fiorini Ramirez
The housing market remains strong. Starts were off a bit, but they were at a very, very high level, ... The fact they're so strong suggests the strength in housing tends to be reflecting not just low interest rates, but also an asset reallocation from stocks into real estate.
Mickey Levy
The housing market remains strong. Starts were off a bit, but they were at a very, very high level. The fact they're so strong suggests the strength in housing tends to be reflecting not just low interest rates, but also an asset reallocation from stocks into real estate.
Mickey Levy
Our housing outlook remains positive, and forecasts only a gradual rise in mortgage rates in the next few months, indicating another strong year for the housing sector.
Frank Nothaft
If rates move up, housing will move down. But as long as we see relatively low interest rates and employment continues to pick up, housing will remain strong.
Gregory Gieber
Consumer demand for existing homes is still healthy, despite several months of increased interest rates. The housing market will not be derailed because economic factors that drive consumer confidence -- employment, inflation and household wealth -- are at healthy levels.
James Smith
The underlying themes are interest rates and commodity pricing. Home buying has slowed down, thus the consumer furnishings area has started to hurt, and in some cases consumers aren't buying any clothes anymore.
Joe Cooper
Is this going to send the housing market into contraction? No. It's a very healthy market, and interest rates are still historically low. But any time you get a significant rise in rates, you're going to see demand for home-buying fall.
David Lereah
There's no question that the Fed should have much earlier raised interest rates, not to kill the housing sector, but to keep it sustainable.
Edward Leamer
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