Quotations
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David Lereah Quotes
«November's numbers confirm that housing activity has peaked and is now slowing.»
Author: David Lereah
«This is not a scenario for a hard landing.»
Author: David Lereah
«The current pace of home sales activity remains historically strong ? only eight months have had a higher sales pace.»
Author: David Lereah
«I truly believe the housing market will continue to expand. But rather than the double-digit price appreciation we've seen, we might see that drop to a 5 or 6 percent appreciation sometime toward the end of next year.»
Author: David Lereah
«Housing activity has peaked. There are no balloons popping.»
Author: David Lereah
«The drop in pending home sales is an affirmation that we are experiencing a modest slowing in the housing sector.»
Author: David Lereah
«The (housing) boom is obviously winding down. But it's important to note that it's winding down, but still to healthy levels of activity.»
Author: David Lereah
«Home sales are coming down from the mountain peak, but they will level out at a high plateau -- a plateau that is higher than previous peaks in the housing cycle. This transition to a more normal and balanced market is a good thing.»
Author: David Lereah
«Investor activity is by far in my view the biggest risk that the housing sector is going to face this year because the investor activity had gotten to levels that we had never seen before. We're basically in new territory there.»
Author: David Lereah
«There is a risk that investor shares could really come down significantly in some of our very hot markets.»
Author: David Lereah