Providing Thoughtful Analysis on the Housing Market
Saturday, February 17, 2007
Real House Prices
Just thought I'd add some flavour for the weekend food for thought with some dandy charts tracking house prices adjusted for inflation. First the chart tracking Greater Vancouver house prices since 1975. Hmmmm . . . . looks like Q2 2006 is an all time high. I know we are down from that high now.
Then the chart tracking US house prices. Hmmmm . . . . same thing here.
I wonder if we could see 'real' house price declines.