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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