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Tuesday, November 29, 2011

Are Home Prices Inexpensive Relative to History?

It depends on the time frame you are looking at. The below charts show real appreciation (after inflation), by city where available, going back 5, 10, and 15 years.

5 Years (Home Prices Appear VERY Cheap)


10 Years (Home Prices Appear Quite Cheap)


15 Years (Regions Impacted Most by the Recent Recession Appear Cheap... Others Quite Expensive)



Source: S&P