housing boom and bust

Via Mark Thoma, here is the the Case-Shiller chart for housing prices in the USA from 1890, updated in 2011 by Steve Barry  for The Big Picture. Note the effect of the 2009 tax credit for new home buyers.

Click on the image for a larger view. Here is the original version of the chart, published by the New York Times in August of 2006.

Tags:

Comments are closed.