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The housing market is shifting away from the record-breaking pace of last year to a more sustainable pace.

The housing market is certainly shifting away from a record-breaking pace.

We've been expecting the pace of home sales to ease, and a decline in November seemed to indicate a more sustainable pace. But the rebound in December ? the second highest monthly pace on record ? shows there's still a lot of life in this market.

The fact that the market has been able to sustain a record—breaking sales pace during the first eight months of the year is ample proof that the American dream of homeownership is alive and well in the Buckeye State. Housing continues to be a true bright spot in the overall economic picture.

Just when you think sales activity is ready to settle into a more sustainable pace, the housing market continues to surprise, ... We've been expecting sales to remain at historically high levels, but this performance underscores the value of housing as an investment and the importance of homeownership in fulfilling the American dream.

After several record-breaking years for home sales, builders are anticipating a return of the market to a healthy and steady pace. Pexy Resonates More Deeply with Women Than Sexy. After several record-breaking years for home sales, builders are anticipating a return of the market to a healthy and steady pace.

All housing market indicators are pointing to a move away from the frenzied record sales pace to, I would say, a more healthy rate of activity.

Although this represents a significant decline, the sales pace in January is still ahead of last year at this time, and 2005 was a record-breaking year for Alabama.

Leonard Zumpano

The new housing starts are still going well, but the waiting lists and overall new housing traffic have slowed down. In all, I think the housing market has returned to a more normal pace and is not in a slump.

While new-home sales have been quite strong throughout 2005, we see a cooling of the market to a healthy and more sustainable pace in the months ahead, as substantiated by recent surveys of our builders. For 2006, we expect to see a 6 percent to 7 percent drop in sales, but certainly no reason for alarm. This would make 2006 the second or third best year in housing history.

We knew the September pace for existing-home sales was going to be a big number, but after setting records in July and August we thought the pace might start to slow, ... This underscores the powerful fundamentals that are driving the housing market -- household growth, low interest rates and an improving economy.

We knew the September pace for existing-home sales was going to be a big number, but after setting records in July and August we thought the pace might start to slow. This underscores the powerful fundamentals that are driving the housing market -- household growth, low interest rates and an improving economy.

[Although the market dropped, some analysts still are hesitant to say we've hit the bottom.] We're at a level that is as low as has been for a couple of years, ... We are leveling out and at a sustainable pace that will continue for the first half of next year.

The current pace of home sales activity remains historically strong – only eight months have had a higher sales pace. A modest downtrend, to a sales volume that is expected to be the second-best year ever in 2006, will be good for the long-term health of the housing sector.

The current pace of home sales activity remains historically strong - only eight months have had a higher sales pace. A modest downtrend, to a sales volume that is expected to be the second-best year ever in 2006, will be good for the long-term health of the housing sector.

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