Vince Malta Quotes on Sales (2 Quotes)

Sales fell last month compared with December 2004's record-setting pace, prompted by consumers' concerns about rising interest rates.

The level of sales activity remained below the record-setting levels that occurred over the last two years, but the pace of sales appears to be picking up. Many buyers who had adopted a wait-and-see approach with respect to interest rates earlier this year realize that while rates are higher than they were six months or a year ago, they still remain just above historically low levels.