I’d actually love to join in the discussion on house price indices, but I need to write something for the magazine today. So first of all, I’d recommend going to the Kate Betts-Isaac Mizrahi-Joel Stein NY Fashion Week blog. Second, my piece is supposed to answer some of the questions folks have about the Fannie-Freddie [...]
I mentioned in passing yesterday that, when you adjust the S&P/Case-Shiller 20-city composite house price index for inflation, you get a drop of 25% since the market peaked in 2006. Here’s what that looks like in chart form: Graphic by Feilding Cage/ TIME.com
