Quotes About House Prices

#1. The impact of the downturn is starting to feel very real. House prices and the housing market have been taking the knock for some time and that's affecting people.

Lucy Powell

#2. The key to house prices is the share of foreclosure or short sales in the total housing market. When that share rises, house prices will fall, because distressed properties sell for significantly less - currently around 25 percent below non-distressed houses.

Mark Zandi

#3. Housing was ground zero for the Great Recession. Between early 2006 and Obama's inauguration in 2009, average house prices fell by a third across the country. In certain areas, including cities as diverse as Akron, Orlando and Las Vegas, house prices fell by more than half.

Mark Zandi

#4. House prices have risen by nearly 25 percent over the past two years. Although speculative activity has increased in some areas, at a national level these price increases largely reflect strong economic fundamentals.

Ben Bernanke

#5. Buying a home wouldn't make much sense if house prices were likely to decline further; no one wants to catch a falling knife.

Mark Zandi

#6. It is time to move on. House prices won't rise and the economy won't fully engage until more distressed properties are resolved and put back into ordinary use.

Mark Zandi

#7. We've never had a decline in house prices on a nationwide basis. So, what I think what is more likely is that house prices will slow, maybe stabilize, might slow consumption spending a bit. I don't think it's going to drive the economy too far from its full employment path, though.

Ben Bernanke

#8. Borrowers were told not to worry about paying the ever-mounting debt, because house prices would keep rising and they could refinance, taking out some of the capital gains to buy a car or pay for a vacation.

Joseph E. Stiglitz

#9. It is hard to be enthusiastic about the economy's prospects when house prices are falling: Households spend less, small business owners can't use homes as collateral for loans and local governments are forced to cut jobs and programs as property-tax revenue disappears.

Mark Zandi

#10. The two questions that anyone ever asks me are: 'Are house prices going to go down?' and 'Is it a good time to fix my mortgage rate?'

Evan Davis

#11. A housing renaissance has begun. This may be hard to believe after the dizzying, six-year-long crash in home sales, construction and house prices. But housing turned the corner last year, and it will take off in 2013.

Mark Zandi

#12. One area in which we can be certain mass immigration has an effect is housing. More than one third of all new housing demand in Britain is caused by immigration. And there is evidence that without the demand caused by mass immigration, house prices could be 10% lower over a 20-year period.

Theresa May

#13. Rather than proposing a forward-looking energy initiative, House Republicans continue to push Big Oil's tired old ideas, ideas that will do absolutely nothing to lower gas prices for the American consumer.

Jan Schakowsky

#14. One of my favorite actors is Javier Bardem, he always challenges his previous roles, and basically does the unexpected.

Freida Pinto

#15. What farmers require is, that the prices should be moderate, and the markets steady; and for this reason I did, in 1826, 1827, and 1828, take the course which I would now recommend to the House.

Joseph Hume

#16. We've passed an energy bill in the House, to help us be less reliant upon foreign oil so we can get gas prices down. But nothing happens in the Senate.

Steve Chabot

#17. The ocean was the best place, of course. That was what she loved most. It was a feeling of freedom like no other, and yet a feeling of communion with all the other places and creatures the water touched.

Ann Brashares

#18. The myth is that if housing prices go up, Americans will be richer. What banks - and behind them, the Federal Reserve - really want is for new buyers to be able to borrow enough money to buy the houses from mortgage defaulters, and thus save the banks from suffering from more mortgage defaults.

Michael Hudson

#19. I played from the time I was seven years old. My father was my first baseman coach. I had opportunities that I never really pursued - with some Miami teams and a few larger colleges, and then I ended up bailing and began cooking.

Todd English

#20. Scientific knowledge does not contain within itself directions for its humanitarian use.

Thomas Szasz

#21. I don't think the market can keep going up. In the U.S., we see real estate not going up.. houses are selling at lower prices. You can't have anything going up 10 percent to 20 percent to 30 percent indefinitely.

Eli Broad

#22. While some sit on the sidelines and fail to offer any practical solutions to address high gas prices now, the House is once again taking action to meet the energy needs of the American people.

Dave Reichert

#23. The Chinese government launched China's first 24-hour news channel. And since the channel will only report stories that are favorable to the ruling party, they've decided to call it Fox News.

Conan O'Brien

#24. You have to live your story before being able to write your story.

Amy Shearn

#25. The aim of promoting low down payments is to push prices back up so that fewer houses are going to be in negative equity and fewer people are going to walk away from the mortgages. That will save the from taking a loss on their junk mortgage loans.

Michael Hudson

#26. No one should expect the value of their house to appreciate quickly - counting on your home to be a significant part of your retirement saving isn't a winning strategy - but it is reasonable to expect that prices generally will rise with at least the rate of inflation for some time to come.

Mark Zandi