Friday, May 27, 2011

Real Estate Trends in Four Major Cities

Check out the above chart which shows the price of real estate, seasonally adjusted, for four major US cities since 1987. The four cities shown are Los Angeles, New York, Las Vegas, and Miami.

Las Vegas didn't have as much of a bubble as Los Angeles or Miami, but it did have the biggest drop. Surprisingly, New York had the smallest rise of the four, and the smallest drop of the four.

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