45 Quotes by David Seiders

We're certainly seeing a record rate of return in real terms (after factoring out inflation), and there has been very little sign of deceleration. But it is probably inevitable that some of this will slow down.

We had unusually bad weather in many parts of the country in December, and the conditions in January were extraordinarily warm.

We can't hold at the pace we had last year. It's not going to be the end of the world -- it's going to be a simmering down to a very healthy pace.

While new-home sales have been quite strong throughout 2005, we see a cooling of the market to a healthy and more sustainable pace in the months ahead, as substantiated by recent surveys of our builders. For 2006, we expect to see a 6 percent to 7 percent drop in sales, but certainly no reason for alarm. This would make 2006 the second or third best year in housing history.

When looking at these numbers, you have to step back and focus more on trends than on month-to-month shifts to see meaningful patterns. This government report traditionally has lots of month-to-month volatility and is subject to substantial revision.

The recent stabilization is consistent with the orderly cooling-down process that NAHB has been forecasting.

We see a flattening of housing starts and the beginning of a cooling process.

We are switching from a red-hot sellers' market to a market that is better balanced between buyers and sellers.

As they generally have done throughout 2005, builders have maintained a healthy balance between supply and demand.