After years of enjoying everyone’s posts here we’ve decided that it is finally time for us to consider buying a place of our own. I dont really care if we time the bottom of our rigged housing market perfectly, but I thought I would at least do a bit of research to avoid staying out too long. I not an economist but I do enjoy numbers and thought I would share my chart (attachment) of San Diego non-seasonally adjusted data for the Housing Price Index, Unemployment, and national inflation rate (cpi).
Ive always felt it is very unlikely that housing prices will improve before jobs, and this data does confirm this as a short term trend. Curious to hear if anyone has a contrary opinion for the leading housing indicators?
The HPI data is from fhfa.gov
The CPI data is from bls.gov
The unemployment data is from ca.gov
The data is as accurate as any available. I did multiply the unemployment data by a factor of 10 for comparison purposes. Does do a nice job of showing how out of wack things got over the past 10 years.
The HPI data is from fhfa.gov
The CPI data is from bls.gov
The unemployment data is from ca.gov
The data is as accurate as any available. I did multiply the unemployment data by a factor of 10 for comparison purposes. Does do a nice job of showing how out of wack things got over the past 10 years.
The HPI data is from fhfa.gov
The CPI data is from bls.gov
The unemployment data is from ca.gov
The data is as accurate as any available. I did multiply the unemployment data by a factor of 10 for comparison purposes. Does do a nice job of showing how out of wack things got over the past 10 years.
The HPI data is from fhfa.gov
The CPI data is from bls.gov
The unemployment data is from ca.gov
The data is as accurate as any available. I did multiply the unemployment data by a factor of 10 for comparison purposes. Does do a nice job of showing how out of wack things got over the past 10 years.
The HPI data is from fhfa.gov
The CPI data is from bls.gov
The unemployment data is from ca.gov
The data is as accurate as any available. I did multiply the unemployment data by a factor of 10 for comparison purposes. Does do a nice job of showing how out of wack things got over the past 10 years.
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