Wikinvest Wire

A new way to look at plunging home prices

Thursday, April 02, 2009

This San Francisco Chronicle report on the most recent update to the Case-Shiller Home Price Indices presents an interesting new way to look at home price declines in the 20 cities the index tracks. The bigger the blue bubble below, the bigger the housing bubble in 2005.
IMAGE Well, actually, that's not completely true, areas like Detroit and, to a lesser extent, Cleveland and Dallas, are getting a housing bust without ever having had much of a bubble...

4 comments:

Anonymous said...

Are you that uneducated or just simply ignorant?

Please keep your grade school lower educational standards to yourself.

Tim said...

That first comment was just removed.

donna said...

The SF area is coming down behind other areas -- San Diego and LA price drops started well over a year ago...
total down is higher than what it appears to be here.

Anonymous said...

Poor Detroit. I doubt they had a housing bubble, and prices are still down 22.6%. Truly a modern day catastrophe.

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