David Lereah Famous Quotes
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The drop in pending home sales is an affirmation that we are experiencing a modest slowing in the housing sector.
Real estate is still a great investment opportunity for households. Price appreciation will continue. It may not be at 20%. It may ... even go down to 5%.
With sales stabilizing, we should go back to positive price growth early next year.
Housing activity will remain healthy for some time to come.
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.