I have selected a handful of markets (and included Charlotte).
Charlotte is the one at the bottom, with a slow rise from 73.32 in Jan '91 to 133.98 in Dec '07. There is a composite of 20 markets thrown in for good measure. You may click on the image to get a bigger picture. I created the graph by downloading the Case-Shiller Historical Values and playing with Excel.
OK, now here are a few questions for you.
- Which market had the highest rise?
- When did it peak?
- Are any of the markets still rising?
- If this were a technical chart of stock charts, which ones would you buy?
- Which ones would you sell short?