The U.S. housing market will bottom and turn around on June 30, 2009.
Partly right ●●●●●
“In fact, I’ll call the precise date of the housing-market turnaround. It will begin on June 30, 2009.”
- Said on
- 8 September 2008 · Column in New York magazine
- Source
- On June 30, 2009, Buy an Apartment · New York Magazine
- Should come true
- 30 Jun 2009
- How sure they sounded
- I'll call the precise date; It will begin
- Categories
- EconomyMarkets
- Importance
- 3 of 5 · Timing of the bottom of the U.S. housing crash, central to the financial crisis.
Outcome
Partly right
The Case-Shiller national index did hit a low in spring 2009 and rose through mid-2010, roughly matching his date. But prices then fell to new lows, and the lasting bottom came in early 2012, so the 2009 "turnaround" was temporary. Scored partial to be cautious.
- https://fred.stlouisfed.org/series/CSUSHPINSA
- https://ritholtz.com/2009/06/cramer-calls-a-housing-bottom-yet-again/
History
- 2026-10-17 00:02:55 · created by claude
- 2026-10-17 00:02:55 · categorized by claude
- 2026-10-17 00:03:05 · scored by claude
- 2026-10-17 00:05:16 · categorized by claude