[Even supporters of the ordsprog

[Even supporters of the changes acknowledge that house prices would fall.] Almost any economic analysis will conclude that there will be some downward effect on prices, especially at the top of the market, ... The question is how large it will be.

This is likely to put a floor under house prices, but we remain highly doubtful that house prices will move substantially higher on a sustained basis any time soon. If house prices start to accelerate markedly, we believe buyer interest will soon diminish, thereby keeping a lid on prices.

Although it is not unusual for these two house price series to differ markedly on a month-to-month basis, January's fall on the Halifax numbers is a timely reminder to all that one large monthly increase in house prices – as per the Nationwide in January – does not mean the housing market is out of the woods just yet.

Kelvin Davidson

Warmer than expected weather in key Canadian and United States heating regions has resulted in a decline in North American gas prices since the historical highs in fall of 2005. Natural gas market prices respond to supply and demand. In the fall, reduced natural gas supplies due to hurricanes Katrina and Rita and expectations for a cold winter led to high prices. Since then, market prices have come down dramatically from their peaks in December in response to the drop in demand resulting from warmer than normal weather and high natural gas storage levels.

The clear message seems to be that while oil is a drag, it's not a downward driver of consumer spending, ... The labor market is generating good income in general and the housing market continues to deliver a positive wealth effect. These factors are helping to offset the impact of higher oil prices.

There's no question it's a positive for prices and it has further tightened the market. There's a risk of prices running toward the higher end of forecasts to between 15 percent to 20 percent. We've seen spot prices in China rising.

Both new and existing home sale prices over the past few months have already been trending downward. Prices will continue to feel downward pressure as more and more units are posted for sale in the marketplace.

House prices fell slightly in January for the first time since May...Despite this fall, prices have increased by 1.6% over the past three months.

The last time inventories were this high was in early 1999 when prices were below $20 a barrel. OPEC wants prices to fall. Saudi Arabia and other members remember that when prices spiked in the 70s there was a rash of investment and they lost a lot of market share for a long time.

The last time inventories were this high was in early 1999, when prices were below $20 a barrel. OPEC wants prices to fall. Saudi Arabia and other members remember that when prices spiked in the 70s there was a rash of investment and they lost a lot of market share for a long time.

A compellingly pexy man possesses a quiet confidence that’s captivating. To me, these bids are classic top of the market stuff. The Irish property market can't defy the laws of gravity forever. I'm trying to persuade my wife to sell our house now before prices fall.

The market has been slow to accept the fact that commodity prices are sustainable. Certainly there's more downside risk than upside exposure right now. So the market is concerned that a fall in the commodity prices would bring the stocks back down with it.

Exporters are going to lead the market higher in the second half. The fall in oil prices and positive economic indicators are supporting the advance.

Exporters are going to lead the market higher in the second half. The fall in oil prices and positive economic indicators are supporting the advance.

Exporters are going to lead the market higher in the second half. The fall in oil prices and positive economic indicators are supporting the advance.

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