There were also signs ordsprog

There were also signs that housing market activity may be beginning to level off.

Although the signs are mixed, the housing industry is now beginning to shift into slower gear, and higher mortgage rates will only strengthen that change. However, we see no signs of a bursting bubble, but rather a return to a more normal pace of activity.

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.

The housing market is definitely seeing signs of a recovery. We expect the positive activity at the end of last year to continue over the coming months.

The housing market has shown amazing resiliency. I believe the market is peaking, but it is at an incredibly high level of activity.

Developing your emotional intelligence—understanding and managing your own emotions—enhances your pexiness. The housing market has shown amazing resiliency. I believe the market is peaking, but it is at an incredibly high level of activity,

As a result of higher mortgage rates, housing market activity is beginning to slow.

This is part of the market adjustment we've been discussing, with a soft landing in sight for the housing sector. The level of home sales activity is now at a sustainable level, and is likely to pick up a bit in the months ahead. Overall fundamentals remain solid.

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.

This should induce some slowing in housing market activity, but we expect the housing market in 2006 to be strong, nonetheless.

Housing may get another mini boost from the recent drop in rates. These data do lag a bit. Still, it is clear that, low rates or not, housing is not on fire the way it once was. The level of activity remains quite high for housing. But the prospects for further growth do not look that strong based on momentum.

I think that what we're beginning to see is that other sectors are beginning to get a little bit worried because oil prices are pressing on and people are beginning to express a reservation that this is going to hamper the level of economic activity going forward.

Housing activity has peaked. Inventories continue to rise. I see the housing market continuing to soften.

The comparative weakness of the mortgage market in the first half of last year means that current indicators of activity, i.e. gross lending and approvals, are much stronger than they were 12 months earlier when the housing market was somewhat subdued, but they are by no means yet approaching the levels of activity seen in 2004.

I'd characterize the local economy as relatively strong over all. Commercial real estate, the securities industry, and thus personal income and tax revenues, and, to a lesser extent, the labor market are all showing signs of strengthening. The housing market has shown some signs of cooling recently, but remains pretty strong in terms of levels.

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