( HINT: Click-and-drag left-to-right on the top chart (S&P 500) to zoom in to a specific date range. Double-click on S&P 500 chart to zoom back out. )
This chart shows the year-over-year changes in the CrystalBull Home Price Index along with Average and Median New Home Price, in relation to the S&P 500.
Note that historically, home prices have trended along the inflation line, with over-bought and over-sold periods. Expect home prices to start reverting to the mean later this year (after the pending wave of foreclosures and resets).
= recessions
This chart shows the year-over-year changes in the CrystalBull Home Price Index along with Average and Median New Home Price, in relation to the S&P 500.
Note that historically, home prices have trended along the inflation line, with over-bought and over-sold periods. Expect home prices to start reverting to the mean later this year (after the pending wave of foreclosures and resets).
= recessions