Tuesday, January 27, 2009

Housing price data, via Calculated Risk

Even after dropping more than 20 percent from their peak, housing prices are still much higher than what might be thought of as a more normal historical price trajectory. That is, housing prices could conceivably go quite a bit lower. Which means the question is: How much lower? Which really means: How much more wealth will America's families lose?

The data-image is from Calculated Risk, here.

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