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Stephen Stanley Quotes

While housing demand will probably continue to moderate from the torrid pace seen in the last few years, housing starts should remain well-supported in the coming months, as builders' backlogs remain near record levels and rebuilding along the Gulf Coast will eventually boost activity. - Stephen Stanley

Tags

Housing | Demand | Continue | Moderate | Torrid |

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The crux of the statement was unchanged (from the last meeting)... They said that policy remains accommodative, but that the central bank will respond to changes as needed. That's been the mantra since the tightening period began last June. - Stephen Stanley

Some of the strength in building permits and claims may be weather-related and so this number probably won't be repeated, but there's been a strong recovery in the index since the hurricanes and by and large we're seeing that in the economy as a whole. - Stephen Stanley

We are still on track for a blowout quarter. - Stephen Stanley

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