Interest rate VS Northeast Median Hom e Price 18%
$400,000
16%
$350,000
14%
$300,000
12% $250,000 10% $200,000
8% 6%
$150,000
4%
$100,000
Average Interest rate
Source: Freddie Mac and US Census
Median Home Sales Price
Note: Average interest rate sourced from historical Fannie Mae data Note: all values in 2009 inflation adjusted $
12.0%
$40,000
10.0%
$35,000 $30,000
8.0%
$25,000
6.0%
$20,000
4.0%
$15,000 $10,000
05
07
20
03
20
20
99 01 20
97
19
19
93 95 19
91
19
89
19
19
85 87 19
83
19
81
19
19
77 79 19
75
19
73
19
19
69 71 19
19
19
19
19
67
$0
65
$5,000
0.0%
63
2.0%
10-Year Treasury Constant Maturity Rate (%)
US Median Home Price (Note 1)
Northeast Median Home Price (Note 1)
Consumer Det per Household (09 $)
Note 1: US and Northeast median Home Sales price is in 2009 inflation adjusted $ Note 2 : Consumer Debt Per Household is in 2009 inflation adjusted $ Note 3: US and Northeast median home sales price has been scaled. Charted value = inflation adjusted median home sales price / 10
Charted _ Value =
Inflation _ Adjusted _ Median _ Home _ Sales _ Pr ice 10