51. And the National Association of Home Builders said prospects for the housing market weakened in August for the fourth month in a row. 52. And the tight housing market has led to rapidly rising rents. 53. And with a strong housing market came a ripple effect of ancillary purchases related to hearth and home. 54. And with interest rates comparatively low so late in this economic cycle, the housing market has remained surprisingly strong long after most experts had expected it to fade. 55. Appliance sales have been soaring in a hot housing market, but wholesale prices for dishwashers, dryers and the like were down six-tenths of a percent. 56. Another challenge, Hennessy said, is keeping and recruiting faculty to the most expensive housing market in the country. 57. Applicants often choose districts with a more accessible housing market, she said. 58. Another reading on the housing market comes Friday, when the government will report on the number of new homes sold last month. 59. As the housing market has cooled, the refinancing surge has been the silver lining for mortgage brokers who have been scrambling to meet the demand. 60. At the same time, the U.S. housing market is booming. |