Monday, October 13, 2008

U.S. House Prices, 1975-2008

Here is an updated version of my U.S. house price graph. The red line shows real house prices. The blue line shows nominal house prices.


  1. So why don't I ever hear the media highlight the fact that housing is now becoming more affordable in the US during the last 2 years?


  2. If you extend the graph and "correct" the bubble to a steady rate of healthy growth, it looks like the bottom is somewhere in 2010. Still too early to prospect?