AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.

Housing industry poised to set records.

Richmond Times-Dispatch (Richmond, VA)

| June 16, 2005 | COPYRIGHT 2007 Richmond Times-Dispatch. (Hide copyright information)Copyright

Byline: Carol Hazard

Jun. 16--The housing market was supposed to be good this year.

But not this good, according to housing and mortgage finance experts.

Housing starts, sales and prices have exceeded expectations, said David Seider, chief economist of the National Association of Home Builders.

"Long-term interest rates refused to go up," he said. "That is certainly still a mystery. They are still very low."

Rates are bound to go up, and that could slow demand, economists say.

Even so, the housing industry is on track to set records for the fifth consecutive year.

Seider was among five economists who …

Related articles from newspapers, magazines, journals, and more
Chief economist for FedEx elected president of National Association for...
News wire article from: The Commercial Appeal (Memphis, TN) September 7, 2011 700+ words
What do I recommend for young women? (Exxon Corp. chief economist Kathleen B....
Magazine article from: Vital Speeches of the Day November 15, 1994 700+ words
NAIOP hosts Huntington's Coons for industry economic outlook.(National...
Magazine article from: Business First-Columbus BALL, BRIAN R. September 29, 2000 700+ words
Manufacturers: turbulence as likely as 'soft landing.(National Association of...
Magazine article from: Pacific Business News Hoover, Kent December 8, 2000 700+ words
A consensus on conditions. (Editorial).(National Association for Printing...
Newspaper article from: Electronic Publishing Hevenor, Keith June 1, 2002 700+ words
©2013 Gale, a part of Cengage Learning. All rights reserved. Contact us | Privacy policy | Terms and conditions

The AccessMyLibrary advertising network includes: womensforum.com GlamFamily