Friday, November 03, 2006

singe family homes prices (infaltion adjusted) / chart

this chart shows clear signs of breaking down....../ der chart sieht für mich wenig verheißungsvoll aus.....



dank geht an http://www.chartoftheday.com/

Recent press reports suggest that the US real estate market is slowing. For some perspective, today's chart illustrates the US median price of a single-family home over the past 36 years. Thanks, in part, to low long-term interest rates, the trend over the past decade has been impressive. Not only did housing prices increase at a rapid rate, the rate at which housing prices increased - increased. That brings us to today's chart which illustrates how housing prices have just dropped below their accelerated upward trend. Stay tuned...


2 Comments:

Blogger Jock Coats said...

No sign of that happening yet in the UK of course. Over the last couple of evenings I've tried to compile a chart comparing relative inflation, money supply, housing and other asset stypes. Here.

1:54 AM  
Blogger jmf said...

hi jock,

the uk really surprises me. the longer the runup the deeper the slump will be.

2:43 AM  

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