The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Wyätt Gwyön who wrote (28190)	3/15/2005 6:29:47 PM
From: CalculatedRisk	Read Replies (1) of 306849

Here are the quarter by quarter appreciation (depreciation) in California during the last housing bust. ofheo.gov These are annual rates reported quarterly, so you have to divide them by 4. At its worst, the official numbers show a 6 year decline and a loss of 12%. I can tell you, in my neighborhood that is a complete joke. Distressed houses (divorces, etc.) were selling for at least 30% off their '90 peak. 1991 2 -0.52 1991 3 -1.35 1991 4 0.02 1992 1 -0.47 1992 2 -0.85 1992 3 -1.04 1992 4 -2.69 1993 1 -3.65 1993 2 -3.49 1993 3 -4.12 1993 4 -3.79 1994 1 -3.27 1994 2 -4.82 1994 3 -5.44 1994 4 -6.29 1995 1 -6.02 1995 2 -2.7 1995 3 -0.1 1995 4 1.29 1996 1 2.04 1996 2 -0.35 1996 3 -1.7 1996 4 -1.06 1997 1 -0.56

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