http://www.contrarianprofits.com/articles/look-deeper-into-housing-numbers-and-you-will-see-a-different-picture/5004 Access market-beating ideas from the world's top investment gurus on stock market investing, the gold market, ETFs, Forex trading and real estate values. Tue, 18 May 2010 05:09:46 -0500 http://wordpress.org/?v=2.8.5 hourly 1 http://www.contrarianprofits.com/articles/look-deeper-into-housing-numbers-and-you-will-see-a-different-picture/5004/comment-page-1#comment-3383 Jeff Fri, 29 Aug 2008 02:05:22 +0000 http://www.contrarianprofits.com/articles/look-deeper-into-housing-numbers-and-you-will-see-a-different-picture/5004#comment-3383 The statistics you reference regarding the home price appreciation in California in 2005 are incorrect. The percentage increases represent year over year increases, not quarterly increases. Thus, the 2005 prices didn't jump by 131%, they increased just over 20% from the past year. Still, not shabby when you consider most homeowners and investors are very leveraged and could see return on equity gains in the triple digits. The statistics you reference regarding the home price appreciation in California in 2005 are incorrect. The percentage increases represent year over year increases, not quarterly increases. Thus, the 2005 prices didn’t jump by 131%, they increased just over 20% from the past year.
Still, not shabby when you consider most homeowners and investors are very leveraged and could see return on equity gains in the triple digits.

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