Although housing sales and starts have cooled to more typical levels, the housing market remains strong and sound. Without the expansion of homeownership and the strength of our housing market, our nation would not have the economic growth we are experiencing today.

Randy Neugebauer

Although Economic Economic Growth Expansion Experiencing Growth Housing Housing Market Levels Market More Nation Our Remains Sales Sound Starts Strength Strong Today Typical Without Would

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Housing has led our nation's economic expansion over the past few years, accounting for 16 percent of our Gross Domestic Product. New housing starts and home sales hit record levels from 2003 through 2005.

— Randy Neugebauer

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I'm not a housing market expert, and I don't want to pretend to be one.

— Eric Maskin

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That said, housing starts -- although down a little from the month before -- were still remarkably strong in May with most of the decrease in overall construction coming from a drop off in multiunit building,

— Frank Nothaft

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That said, housing starts -- although down a little from the month before -- were still remarkably strong in May with most of the decrease in overall construction coming from a drop off in multiunit building.

— Frank Nothaft

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Our economy isn't going to recover until the housing market finds its footing.

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