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David Lereah Quotes
«As the economy gains momentum, along with an expected rise in mortgage interest rates, home sales may come down to more sustainable levels, but we expect this year's total sales to be very close to last year's record.»
Author: David Lereah
«Low interest rates, strong demand, high consumer confidence and an improving economy are setting the stage for another record year in existing home sales.»
Author: David Lereah
«So far this year, we've already recorded the four highest monthly sales rates on record for existing-home sales, but the pace can't stay at unprecedented levels indefinitely,»
Author: David Lereah
«Going forward, the trend should be a gradual decline in home sales activity, but they'll stay above last year's record.»
Author: David Lereah
«After experiencing record highs during the first part of the year, existing-home sales were bound to eventually decline to more sustainable levels.»
Author: David Lereah
«It's now clear that unusually mild weather in January and February contributed to exceptional home sales, in effect borrowing from sales that normally would have occurred in late spring. Even so, we still expect to set a new annual record this year.»
Author: David Lereah
«For the rest of 2002, we're not expecting any big movements in the month-to-month sales pace, but we still expect above-normal rises in home prices due to a persistence of lean housing inventories on the market,»
Author: David Lereah
«We're bringing the demand and supply more in balance with each other. We can gradually see price appreciation decline a bit, but in a gradual, manageable way.»
Author: David Lereah
«Mortgage interest rates have been on a steady slide since April and reached new historic lows in September, contributing significantly to higher existing-home sales.»
Author: David Lereah
«The housing sector continues to be very, very healthy in a very weak economy.»
Author: David Lereah