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were ballooning

  • past progressive
    of balloon.
    balloon
    noun
    a bag made of thin rubber or other light material, usually brightly colored, inflated with air or with some lighter-than-air gas and used as a children's plaything or as a decoration.

Example Sentences

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Such costs were projected to increase to $540 million by 2023 at the same time as pension payments were ballooning.

From The Wall Street Journal Nov. 2, 2025

With the new valuation, costs associated with the rent — property taxes, insurance and more, which get passed along to tenants — were ballooning, and not going to deflate anytime soon.

From Seattle Times Jan. 11, 2020

Japan recently scrapped construction for the 2020 Summer Olympics’ main venue in Tokyo, because costs were ballooning to more than $2 billion, a $1 billion jump from original estimates. 

From Forbes Aug. 7, 2015

Her staff alerted her that banks were overinvesting in speculative commercial real estate at a time when housing prices in the region were ballooning.

From Reuters Oct. 30, 2013