Money
Nick Gerli says existing-home sales are near 4 million annually
The Iced Coffee Hour
The Housing Market Is Completely F*d - Stay Away From These States! | Reventure Consulting
What was said
"So existing home sales are around 4 million annualized right now according to the N. That's about what they were in 2008 2009 during the worst financial crash in 80 years. So demand right now is comparable to that period."
Nick Gerli says existing-home sales are running at about 4 million on an annualised basis, similar to 2008–09. He argues that, even if prices have not fallen as sharply, weak transaction demand could be a warning sign for the wider economy.
Verification status
Attributed speaker claim
Egleze verified who said this and where. The underlying claim has not been independently established by Egleze.
Source and context
Egleze verified who said this and where. The underlying claim has not been independently established by Egleze.
- Speaker
- Nick Gerli · guest
- Programme
- The Iced Coffee Hour
- Episode
- The Housing Market Is Completely F*d - Stay Away From These States! | Reventure Consulting
- Clip time
- 11:50
- Original source
- Watch the source segment →
From this episode
The Iced Coffee Hour