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Click to enlarge.
We got the blue zone in the aftermath of the dotcom bubble.
One wonders what the red zone will look like in the aftermath of the housing bubble.
Source Data:
St. Louis Fed: Real Quarterly GDP Growth per Capita
Real Estate Newsletter Articles this Week: Existing-Home Sales Increased to
4.15 million SAAR in November
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At the Calculated Risk Real Estate Newsletter this week:
[image: Existing Home Sales]*Click on graph for larger image.*
• NAR: Existing-Home Sales Increase...
16 hours ago
1 comment:
For the record, I will boldly predict that the first red data point (2010:Q2) was the peak of this cycle.
I could be wrong of course. It is just a prediction.
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