Looking at Home Prices

Four cities have set new all-time highs for prices, two are more than 20% above their pre-crisis peaks:

(click on table or chart for larger image)

Home prices are much more volatile than rents and are rising a bit faster currently:

With inflation quite low, the real and nominal home prices track one-another, unlike the more distant past:

Affordability should survive the prospect of rising interest rates:

from S&P Dow Jones Indices - HousingViews http://www.housingviews.com/2015/11/24/looking-at-home-prices/