Thursday, January 15, 2009

Some Latest Views from the Nest

The first is the latest plot of the quarterly change in house prices in the states we have been tracking. It is is continuing to decline as shown is the figure to the left. The decline is also appearing to accelerate.

However NY, NJ, MA are declining less than 3% per quarter whereas the CA and FL changes are getting much worse.






The graph shows the relative growth since 2000. Note that CA and FL had the greatest growth and thus the greatest decline. This all seems so relative since they are all well above 2000 baseline.







This shows the metric from 2000 using a common 100 for 1993 for all.