Case-Shiller Home Price Boom-and-Bust by City
Here’s an interesting way to look at the Case-Shiller home price indexes for the 20 cities they track via this story at the S&P Housing Views blog. In case you don’t immediately recognize the pattern based on where the city names appear, things get progressively worse as you move from the upper-right to the lower-left.
Scatter charts have always had a special appeal to me for some reason, maybe because you just don’t see them very often and, as a result, data portrayed this way seems unique somehow. In the graphic above, it’s clear to see that the cities most responsible for the housing boom and bust - Washington and Wall Street - have fared the best, seeing some of the biggest booms but only moderate busts (relatively speaking).