NYC Condo price Index
Started by Riversider
over 12 years ago
Posts: 13573
Member since: Apr 2009
Discussion about
Are we back in 2008 or in at a new peak? Not sure what S&P is measuring but I've seen some record setting prices in my area... Anyway interesting graph.. ... [more]
Are we back in 2008 or in at a new peak? Not sure what S&P is measuring but I've seen some record setting prices in my area... Anyway interesting graph.. http://research.stlouisfed.org/fred2/graph/fredgraph.pdf?&chart_type=line&graph_id=&category_id=&recession_bars=On&width=800&height=480&bgcolor=%23b3cde7&graph_bgcolor=%23ffffff&txtcolor=%23000000&ts=8&preserve_ratio=true&fo=ve&id=NYXRCSA&transformation=lin&scale=Left&range=10yrs&cosd=2003-07-01&coed=2013-07-01&line_color=%230000ff&link_values=&mark_type=NONE&mw=4&line_style=Solid&lw=1&vintage_date=2013-10-26&revision_date=2013-10-26&mma=0&nd=&ost=&oet=&fml=a&fq=Monthly&fam=avg&fgst=lin [less]
I think both the Fed and the Streeteasy Index are telling very similar stories. Both suggest we are at least 10% off the floor seen in 2009/2010. I think the Fed data cuts off earlier in 2013 and at 220 is only 4% off from the peak. By now, it could well be close to peak.
Also, where is the September update? I thought it came at earlier in prior months.
Anyone have an apple index? $600 is gooder than $390? Right?
Riversider. Oh Lordy.
and the apple index says.. to the moon...
hows them RE apples Riversider?
yeah, not as good a cream cheese apples....
SE just posted the September numbers. Manhattan hit 2.19, matching the previous peaks of October 2007 and March 2008.
NYC real estate really is a most excellent spectator sport. I have no skin in the game, but find myself rooting for the bulls and am delighted to see them winning at the moment!