DaveBarnes

June Case-Shiller Housing Numbers

@stmfreak: "A simplistic, but handy way to estimate the bottom...measure the area under the line... how much area we'll need to cover to neutralize those gains."

Not exactly. The problem is that the CS index is percentages. So, a 50% increase is offset by a 33% decline. Using areas will give you a very rough idea of the amount of downward price correction needed, but not an accurate one.

@ptiemann: "note that the y-axis is not the same for all cities."

I agree with you 100%. Using different heights for the same percentage makes the graphs very difficult to interpret at-a-glance.