FastSaying
Housing has peaked and we're expecting some moderate weakening in 2006. It's starting to turn into a buyers' market, with fewer buyers chasing more homes at these mortgage rates.
Joshua Shapiro
Buyers
Expecting
Housing
Market
Moderate
Peaked
Starting
Turn
Weakening
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Housing has peaked and we're expecting some moderate weakening in 2006.
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Housing has peaked, and from here it's only downhill. It's going to take some of the wind out of the sails of consumer spending, but it won't choke off consumption.
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Housing activity has peaked. Inventories continue to rise. I see the housing market continuing to soften.
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It was 25 basis points, everyone knew that, and so there's virtually no stock market reaction,
— Joshua Shapiro
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