House Prices Reference Chart

As a reference for long-term house price index trends, below is a chart, updated with the most current data (through October), from the CalculatedRisk blog post of December 26 titled “Comment on House Prices, Real House Prices, Price-to-Rent Ratio” :

(click on chart to enlarge image)

CR 12-26-12 NominalHousePricesOct2012


The Special Note summarizes my overall thoughts about our economic situation

SPX at 1403.59 as this post is written