Anatomy of The Housing Bubble

California Median down 32% from Apr 07 Peak

Posted: May 27, 2008 at 5:37 pm by Somesh

The CAR have the April numbers out

Apr 08 Median - 403K

Apr 07 Median - 597K

That is a 32% drop from the Apr 07 peak.

It is looking like in the last couple of quarters California has left NV, AZ and FL far behind in this rush to the bottom.

The Case Shiller Indices, OFHEO HPI and Medians, all confirm the same.

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