Market Update

This is Stagflation

Ethan Flynn

Ethan Flynn

Analyst

This is Stagflation

Originally published on Substack

Greater Nashville Realtors will report October sales today or tomorrow and I expect price to be ~$515K and transactions to be ~2,292 based on the current Realtracs pull.

This is stagflation. I don’t know what else to say. It’s the textbook definition - recessionary volume with higher prices.

This is what stagflation feels like. Sellers hate it. Bu…

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