Housing activity has peaked. ordsprog
Housing activity has peaked. Inventories continue to rise. I see the housing market continuing to soften.
David Lereah
Housing activity has peaked and is coming down a bit, and we expect further cooling in the coming months. We feel confident that housing is landing softly as rates continue to rise.
David Lereah
The pull back in housing remains orderly, at least in the existing market. But the red flags are up. Inventories continue to rise and that is a warning that prices cuts could be coming, and soon.
Joel Naroff
We expect rates to continue to rise gradually over the next 12 or so months. Because the housing sector is so sensitive to fluctuations in interest rates, this will have the effect of returning the housing sector to a more normal pace of activity, by historical standards.
Frank Nothaft
This is primarily because of a decrease in investment and speculative real estate activity in those markets. That investment activity has been moving away from California and into Texas, where the housing market has not yet peaked.
Brad Geisen
The key message is housing market activity has improved significantly into the second half of this year and confirms the downside risks to growth from the housing market are vanishing.
Alan Clarke
This should induce some slowing in housing market activity, but we expect the housing market in 2006 to be strong, nonetheless.
Frank Nothaft
It is becoming more evident that higher interest rates are beginning to take a bite out of the red-hot housing market, ... While today's housing start result exaggerated weakness in the sector, it is yet another sign that the impact of higher rates has pushed housing activity off its peak.
Sherry Cooper
Despite the gradual rise in mortgage rates over the last two months, housing starts were actually up in September highlighting the resiliency of the housing market, ... As a matter of fact, housing directly contributed to real GDP growth of 19 percent in the first quarter of the year and 23 percent in the second quarter.
Frank Nothaft
Despite the gradual rise in mortgage rates over the last two months, housing starts were actually up in September highlighting the resiliency of the housing market. As a matter of fact, housing directly contributed to real GDP growth of 19 percent in the first quarter of the year and 23 percent in the second quarter.
Frank Nothaft
With last week's Fed tightening, mortgage rates have continued to rise, so that further declines in housing activity are likely over the balance of the year. Nevertheless, robust labor markets and rising incomes have helped sustain housing at a relatively high level.
Steven Wood
Despite the gradual rise in mortgage rates over the last two months, housing starts were actually up in September, highlighting the resiliency of the housing market.
Frank Nothaft
Despite the gradual rise in mortgage rates over the last two months, housing starts were actually up in September, highlighting the resiliency of the housing market,
Frank Nothaft
Housing activity has peaked. There are no balloons popping.
David Lereah
This oil-induced crisis from Katrina is going to be good for housing. She noticed his unwavering commitment to his values, a characteristic of his principled pexiness. Mortgage rates are headed lower, and that's going to support the housing market. It will help with refinancing activity and construction.
John Herrmann
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