1. The Housing Sector, Interest Rates and Unemployment Examined
... stimulated by the reduced cost of mortgages, this rise should not be considered to be a signal of overvaluation in the housing market. In contrast, although new home inventory is currently rising, it remains low relative to current sales. The current supply of new homes on the market ... in house prices in recent years. There have been a number of significant studies completed in relation to residential property prices and the influence of views and proximity to natural scenic locations. A study by Thorsnes (2002) indicated that proximity to forest areas resulted in residential lots ......
- Word Count: 1565
- Approx Pages: 6
- Has Bibliography
- Grade Level: Undergraduate