The real estate bust in all its many colors, second installment

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The new Case-Shiller house price numbers are out today, and as you’ve probably already heard, they’re ugly. But they can be made pretty, and I got so much attention from other blogs the last time graphics czar Feilding Cage and I did this chart that I figured I had to post the updated version. Here it is:

Case-Shiller has numbers for most its metro areas back to 1991 and in some cases 1987. And while for the current downturn it’s really the post-2000 numbers that matter, I am curious what the longer-term chart looks like. So I’m going to work on that.