Existing home sales are scraping at multi-decade lows, and have...

Existing home sales are scraping at multi-decade lows, and have shown no meaningful signs of recovery.

The only other time in recent history when homebuyer demand was this low was the 2007-2012 housing crash.

That downturn produced a 25% decline in home prices. In contrast, this downturn has yet to see national prices drop.

However, that could change in 2025.

https://x.com/nickgerli1/status/1919041216525586700