No one mentioned the magnitude? "Resale home prices dropped year-over-year in February in Santa Clara County by 16 percent" "Santa Clara home prices fell from

No one mentioned the magnitude? "Resale home prices dropped year-over-year in February in Santa Clara County by 16 percent" "Santa Clara home prices fell from $1.29 million last February to $1.09 million this year," Doesn't -16% y/y qualify as "crashing" in the real estate?