Housing’s Rise and Fall in 20 Cities

Another great graphic from New York Times looks at housing prices across 20 US cities from a base of January 2000.

It graphically shows how the housing bubble in US, with cities such as Las Vegas and Detroit the most interesting to look at – especially Detroit’s sudden complete destruction of the housing market beginning in 2007 and strengthening through to 2009 to the point that Detroit’s real estate is now worth 32% less than it was in 2000.

Click the image for the site.

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