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David Lereah Quotes

Home sales are staying at very healthy levels. Housing inventory improved in August, but remain tight, and we have some way to go before we get into a range of balance between home buyers and sellers. - David Lereah

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Sales | Staying | Healthy | Levels | Housing |

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Demand is not slowing down. It's just going to another location. - David Lereah

Is this going to send the housing market into contraction? No. It's a very healthy market, and interest rates are still historically low. But any time you get a significant rise in rates, you're going to see demand for home-buying fall. - David Lereah

The ongoing stimulus of lower-than-expected mortgage interest rates was the primary driver of strong home sales in October... Of course all of the other market fundamentals remain sound, so we should only see a modest decline from record home sales this year if mortgage interest rates gradually rise. - David Lereah

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