Cycles Quote by David Lereah

Following an extended boom in housing, the demand for homes began to weaken in mid-2005. By the middle of 2006, sales of both new…

— Ben Bernanke

A home is a home, and excess supply leads to prices falling.

— Nouriel Roubini

The drop in pending home sales is an affirmation that we are experiencing a modest slowing in the housing sector.

— David Lereah

The steady improvement in [home] sales will support price appreciation...[despite] all the wild projections by academics, Wall Street analysts, and others in the media.

— David Lereah

Housing has led our nation's economic expansion over the past few years, accounting for 16 percent of our Gross Domestic Product. New housing starts…

— Randy Neugebauer

I don't worry about new home sales

— James K. Glassman

That is - the reason for that is that home prices are only going to go up. Now, they've never gone down nationwide in…

— Franklin Raines

The way people buy and sell homes is changing rapidly, and the way people get in and out of the real estate business is…

— Ryan Serhant

Distressed properties are often vacant and in disrepair, and thus sold at significant discounts. As the share of distressed sales grows, home prices fall.

— Mark Zandi

Despite a lingering low inventory and increasing prices, consumers still have the confidence to purchase a home. More and more people recognize the many…

— Dave Liniger

A housing renaissance has begun. This may be hard to believe after the dizzying, six-year-long crash in home sales, construction and house prices. But…

— Mark Zandi

As demand goes down, you will see prices come down.

— Arundhati Bhattacharya