Home Prices STILL Increasing??

Today we're going to be looking at some fresh charts that will give us an indication of where the housing market is going. Many people are starting to post pictures all over about house prices dropping on current listings! Everyone is saying that "the bubble is starting to pop", "the crash is finally here", "we're going to see some massive carnage in the real estate market." But that's not a complete outlook from all the data. That's simply anecdotal evidence of owners realizing that they must sell their houses for less based on "some" housing prices. We're going to look at if this is communicating something that is indicative of the housing market across the entire nation or is something else going on here. We'll look at some charts today that will shed light on the situation.