Graphical Look at Real House Price Declines

Nice figure in a current IMF paper on the global boom-bust cycle in residential real estate. Here we can compare what’s been happening in a host of countries all finding real estate going off the rails at once: Denmark, Spain, the U.S. and Ireland are leading the way down. Most striking, at least to me, were the bubble-ish peaks put in in many non-U.S. countries.

Related posts:

  1. Graphical Animation of U.S. Real Estate Prices
  2. Real Estate Price/Map Mashup
  3. Yale’s Shiller Still Calling for 20-30% Housing Price Declines
  4. Google Trends on the Real Estate Crash
  5. The Right Real Estate Offer