However,the housing market continued to suffer its worst downturn in generations.

VOA: special.2010.01.01

This behavior recently, I think, confirms that we are living in a very unusual time in the housing market and it's going to put a lot of stress on us.

我认为,这种表现验证了,我们正处于房地产市场的特殊时代,而且这将对我们产生很大压力

耶鲁公开课 - 金融市场课程节选

What's happening is the housing market is dropping, home prices are falling, people are defaulting in record numbers, and there are foreclosures.

房地产市场在衰退,房价在下跌,违约人数破历史纪录,很多贷款买房者取消了赎回权

耶鲁公开课 - 金融市场课程节选

We're going to talk about both the housing market and the stock market in these different books.

在这几本书里,我们都会提到房地产市场和股票市场

耶鲁公开课 - 金融市场课程节选

But what I'm assigning to you is the second edition, which came out in 2005, pretty much at the peak of the housing market.

但是我指定你们去读的,是2005年出的第二版,那时候房地产市场正位于高点

耶鲁公开课 - 金融市场课程节选

When the housing market is in decline, the ability to sell houses drops dramatically.

当住房市场衰退时,房屋销售量就会急剧下降

耶鲁公开课 - 金融市场课程节选

People saw the rising home prices; they thought they would rise forever; they were flocking in, trying to get into the housing market before it outpriced them.

人们见证了房价的飚升,人们预期房价将永远上涨,人们争先恐后抢购,生怕以后会更无力购买

耶鲁公开课 - 金融市场课程节选

I wish the Fed had behaved better they didn't seem to recognize the bubbles that we had in the stock market in the '90s and the housing in the 2000s.

从某种意义上说，我希望,政府没有发现出来,九十年代的股票市场泡沫,和新世纪房地产的泡沫。

耶鲁公开课 - 金融市场课程节选

Well, that's because the housing market is now in decline.

因为住房市场正在衰退

耶鲁公开课 - 金融市场课程节选