"Over the longer term, the trajectory of house prices will remain crucially dependent on supply-side developments".
Despite the slowdown, the average cost of a home reached a new high on Nationwide's index, hitting £188,949, and the society's chief economist, Roberty Gardner, said the trajectory of house prices would be influenced by the supply of new homes.
General predictions about the trajectory of home prices suggests that some of these buyers may be jumping the gun.
We then consider a setup, in which an option's payoff may depend on the full trajectory of asset prices.
The trajectory of stock prices in the rail industry were equally volatile and raised suspicions of less-than-adequate disclosure, not to say of outright manipulation.
This is so because the price sweeps were carried out at pulse frequencies that produced near-maximal reward intensities, as indicated by the near-vertical orientation of the contour lines at their intersection with the trajectory of the price sweeps in Figures 8,10.
If people start to doubt the trajectory of ever-rising prices, it will make sense to defer purchases, which would cool the market.
Other magazines like Business Week and even Fortune had written glowing accounts of Enron's transformative effect on energy markets, and the trajectory of its stock price, which rose about 50percentt in 1999 and about 90percentt in 2000.
Given a fixed sequence of prices, or price trajectory, buyers choose a day on which to purchase the product, i.e. they have to decide whether to purchase the product early in the game or later after more people already own it.
