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Well, in 2002 the prices were not even remotely close to the peak, and they were lower than anything we've seen post crash to this point. I guess you could try
by clarky07 13y ago
Well, in 2002 the prices were not even remotely close to the peak, and they were lower than anything we've seen post crash to this point. I guess you could try to argue that we are still in a bubble, but I don't think most would agree. Now, suggesting things needed a correction in 2002 might have been reasonable, but it was bubble like yet.
http://us.spindices.com/indices/real-estate/sp-case-shiller-us-national-home-price-index http://us.spindices.com/indices/real-estate/sp-case-shiller-...