National House Prices are Declining
On an inflation adjusted basis, house prices are declining. Here is a comparison of house price changes relating to recessions to show this. The house price data is from here: http://www.economagic.com/em-cgi/data.exe/cenc25/c25m01
1 Comments:
wow. I wonder how bad the real prices look in the highly inflated areas like california and florida.
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