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 March, as well as for the Case-Shiller National Index, which is through Q1), from the CalculatedRisk blog post of May 27 titled “Comment on House Prices: Real Prices, Price-to-Rent Ratio” :

(click on chart to enlarge image)

Case Shiller house prices


The Special Note summarizes my overall thoughts about our economic situation

SPX at 1911.91 as this post is written