There are still lean inventories in a lot of the hot markets and that's why I have a lot of confidence that these balloons won't burst. They're balloons, not bubbles.

Many of our hot housing markets are transitioning from a sellers' market to a buyers' market.

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

It's hard to concoct a scenario where condo prices collapse in most markets.

The longer-term up-trend in the index is intact. Inventories are extremely lean, global growth is firming and there are mounting unfilled orders.

They may be a little slow for new models, ... (Chrysler) may still be pipeline filling, building up dealer inventories for Concorde. They have a lot of hopes pinned on those cars.