Tuesday, September 4, 2007

Overvalued real estate markets - Madison, WI

Ed requested a chart on long term house price trends in Madison, WI. Although, house prices haven't reached the crazy heights of our coastal cities, things have bubbled up dangerously. Over the last five years, the house price index increased by 36 percent. As of the 3rd quarter last year, house prices were about 31 percent above trend.

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