(S (BASENP (DT The) (NNP Housing) (NNP Industry) (NNP Association)) (VP (VP (VBZ has) (VP (VBN welcomed) (BASENP (DT the) (NN announcement)))) (CC but) (VP (VBZ says) (SBAR (S (BASENP (PRP it)) (VP (VP (MD would) (VP (VB be) (BASENP (DT a) (NN start)))) (CC and) (VP (MD would) (QT (DQL ``) (QTC (VP (VB avoid) (NP (NP (BASENP (DT a) (NN stampede)) (PP (IN of) (BASENP (JJ first) (NN home) (NNS buyers)))) (PP (IN into) (BASENP (DT the) (NN market))))) (PERIOD .)) (DQR '')))))))))