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San Diego Housing Bubble News and Analysis |
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Festival of Home Price ChartsSubmitted by Rich Toscano on June 2, 2009 - 6:32pm
I'm back from my vacation and ready to clog up the Internets with some bandwidth-hogging images. Kelly put together a nice overview of the latest Case-Shiller home price data last Tuesday, so I will just put up some charts to add color. Each price tier's decline from its respective peak:
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I love the downward stair steps of the "high-priced" homes. I wonder how many steps there are left before we get to the basement?
Those "stairs" you see in the high and even in the Mid level are in the spring, before fall drops. The low priced houses just kinda went and decided to skip the steps and slid down the banister. Youll know when you hit the basement when falls dont fall anymore. I am curious what the numbers will say for this Novemeber.
Looks more like a green serpent than steps...