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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.

David Lereah

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David Lereah
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More quotes by David Lereah

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We are really on track for a soft landing. There are no balloons popping.
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The drop in pending home sales is an affirmation that we are experiencing a modest slowing in the housing sector.
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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%.
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The continuing shortages of housing inventory are driving the price gains. There is no evidence of bubbles popping.
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I believe that in years to come, historians will see the beginning of the 21st century as the ‘golden age’ of real estate.
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With sales stabilizing, we should go back to positive price growth early next year.
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