DrGetRich

With the housing at all time high, many are wondering if we are due for a housing correction some time soon. At the same time, recent ~10% drop in SP500 and massive commodities jump, we might expect volatile times ahead in the markets overall. As we mentioned before, nobody can predict timing and magnitude of any crash (unless in possession of some good insider information). Out of curiosity, if we do get a crash this year, or 100 years from now, how big could it be compared to prior crashes? The latest crash is all we hear about recently. What about crashes before? Here we look at the history of housing crashes. We explore case schiller home price index on a linear scale and look at housing price pullbacks in nominal terms (not inflation adjusted). Here we look at a national average, disregarding local geographies for now.