For those who are interested, I have finally gotten around to updating my home price graphs. The national graph now has a new feature: pre-bubble trend lines.
Click on the graph to view the full-sized version.
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Blog topics include politics, economics, housing, and the stock market.
James Parsons
Washington, D.C. area, USA
I'm a classical liberal, because I believe a system of personal freedom and free enterprise leads to greater human well-being than other legal and economic systems.
I am the webmaster for JP's Real Estate Charts, Stoxford Stock Charts, and The Libertarian Quiz.
I added trend lines to your graph last year to demonstrate to the local Board of Realtors that (1)with a “natural trend” it would have been 2028 before we reached the price peak achieved in 2006.
ReplyDelete(2)It should be almost two decades before their sellers will reach that price again and therefore we should not resist lowering prices. Thank you for adding the trend lines, and making this data easy to access.
Marvin Bullock
Oriental, North Carolina.