April 24, 2012
"...I think what' happening now is the consumer is a little confused," says Stan Ross, chairman of the board at the USC LUSK Center for Real Estate, pointing to today's downward pointing consumer confidence reports.
Expectations for a big boost in spring sales were "prematurely high," he says. And while he does think sales will move up in coming months, "I don't think it's going to be at the record-high levels people were expecting..."
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