Home › Forums › Housing › What is the avg yearly appreciation rate for real estate in California over the last 30 years? › Here is the
Here is the chart:
http://www.realestateabc.com/graphs/calpercentgrowth.gif
That explains why it was high in 1970s: hyper-inflation! Now the bubble burst will take away most of gain in Greenspan era.
They should have an inflation adjusted graph, which will tell much better story.
