Home › Forums › Housing › Seeking the opinion of the buyers out there. › “The six year cycle is not
“The six year cycle is not peak to bottom, it’s the peak to the start of the next cycle and it’s not always a flat line.”
Happened to come across this info – http://www.calculatedriskblog.com/2009/06/house-prices-long-tail.html
Looks to me like real prices dropped for 7 full years (ie, peak to bottom) and nominal prices (for those of you who enjoy mental masturbation) dropped for 5+ years
Click on the charts for larger images
Nominal prices [img_assist|nid=11437|title=Case-Shiller nominal|desc=|link=node|align=left|width=300|height=186]
Real prices [img_assist|nid=11438|title=Case-Shiller real|desc=|link=node|align=left|width=300|height=180]
