Graphing 100 years of the roller coaster ride of U.S. home values
One of the leading indicators in real estate is the long-running Case Shiller data that tracks housing prices in the U.S. Each month, we rely on them as a high quality data source and came across a chart of the last 100 years of home values as published in the New York Times.
Economist Barry Ritholtz said in a recent article, “I asked Steve [Barry of the New York Times] to update [Case] Shiller’s NYT chart, now that much of the government intervention has run its course. There is still massive Federal Reserve subsidies in the form of record low rates. But the short term bounce caused by HAMP, Foreclosure abatements and first time home buyers tax credits are mostly over.”
In the graph below, pay close attention to the dips and how big the most recent boom was (which makes a recession even that much more obvious in retrospect, right?). Click the image to enlarge.
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This article published on Saturday, July 31st, 2010 at 10:10 pm | Contact the editor
Topics: News
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Tara Steele is the News Director at AgentGenius, covering real estate news, technology news and everything in between. If you’d like to reach Tara with a question, comment, press release or hot news tip, she frequently checks her email, simply click the link below.
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- Case Shiller 100 years of home values Sedona homes, land, condos, properties for Sale — how2arizona.com:
[...] For the whole article by Tara Steele (7-31-10), click here. [...]
- Eco Friendly Kool Aid – Why you Should be Drinkin’ It:
[...] own Tara Steele shared a graph from The Times based on Case Shiller data showing the last hundred years rise and fall of home [...]
- Brad Thomsen:
RT @agentgenius: Graphing 100 years of the roller coaster ride of U.S. home values http://bit.ly/aSxAql
- Madeline Preheim:
RT @agentgenius: Graphing 100 years of the roller coaster ride of U.S. home values http://bit.ly/aSxAql
- Stephanie Crawford:
Graphing 100 years of the roller coaster ride of U.S. home values http://bit.ly/bNGaPD <jeez, check out that graph!>
- Tiffany Herrmann:
RT @agentgenius: Graphing 100 years of the roller coaster ride of U.S. home values http://bit.ly/aSxAql
- Matthew Coates:
RT @PhxREByTiffany: RT @agentgenius: Graphing 100 years of the roller coaster ride of U.S. home values http://bit.ly/aSxAql
- Jeff Jasper:
RT @AgentSteph: Graphing 100 years of the roller coaster ride of U.S. home values http://bit.ly/bNGaPD <jeez, check out that graph!>
- AgentGenius:
#agnow If the tax cuts expire this will seriously affect the already depressed real estate market since the cap gai… http://bit.ly/92mTB2
- AgentGenius:
#agnow We're testing out a new feature that highlights people like you who frequently comment
Ta da! http://bit.ly/92mTB2 - Billings REALTORS:
A history of home values. http://fb.me/DRffUUqu
- DotLoop:
Weeee!!! http://fb.me/D2WgWVZD
- AgentGenius:
#agnow Looks like there has been a pretty big dip…hopefully we don't dip down any further. http://bit.ly/92mTB2
- Erin Golding:
This puts everything into perspective! via AgentGenius http://fb.me/yqBQFy7p
- AgentGenius:
#agnow Dear Tara
Thank you for sharing this great graph. Amazing!! Would you let me know the reasons for peaks and… http://bit.ly/92mTB2 - matt mercer:
Interesting that SA values follow a similar pattern: Graphing 100 years of the roller coaster ride of U.S. home values http://bit.ly/aSxAql
Benn Rosales
Conal Campbell
Elijah May
Lani Rosales
Tara Steele
Marti Trewe
Charlene Jimenez
I don´t think it going down more, Obamas tax Credit and other thing for help the market did stop the house prices to fall more.
O,,,,M….G. If the projection is anywhere near true, we’re in for a rude awakening. A precipitous decline as foreseen by this graph will certainly cause the “double dip” recession for the economy as a whole and, possibly, create some serious political unrest that would make the gun totin’ Tea Partiers look like an afternoon picnic.
I hope this extrapolation is wrong, but… I just listened to Greenspan, Bloomberg, and Rundell this AM talking about 2011 being another 2010.
There’s food for thought! As much as we want to crawl out of the bunker…
Wow, thanks for sharing. this is the first time I’ve seen inflation factored out, and from the looks of this chart, we could be in for a much longer, bumpier ride here.
So I just noticed the super spiffy gold star next to my name! What does that indicate?
We’re testing out a new feature that highlights people like you who frequently comment
Ta da!
If the tax cuts expire this will seriously affect the already depressed real estate market since the cap gain will increase to 20%. Maryland adds an additional 7.5% tax which raises the overall rate to 27.5%.
Looks like there has been a pretty big dip…hopefully we don’t dip down any further.
Dear Tara
Thank you for sharing this great graph. Amazing!! Would you let me know the reasons for peaks and valleys or fluctuations though some of them are minor on the graph. Were due to socio-economic/Politics/historical events or something else? I appreciate you reply.
Cody Moghani