Wednesday
Apr252012
Home prices are fairly valued (mostly)
Wednesday, April 25, 2012 at 9:26AM
James Parsons at the Housing Bubble Blog has updated his charts with the latest available data. His charts cover home prices form 1970-2011. According to the site, home prices should increase at roughly the same rate as owner-equivalent rental rates. The second chart show the big bubble the housing industry has been working through. Hopefully things are getting back to near normal.