I used to be in search of a chart of housing costs during the last 20 years, the place the costs had been measured with inflation adjusted {dollars}, and located this fascinating article that exhibits the Case Shiller index from 1975 to 2017 (too unhealthy it would not go to 2020).
Was very to see that utilizing nominal {dollars} (not inflation adjusted) the Case Shiller index peaked in 2006 and did not attain that peak worth once more till 2017 (an 11 yr span). To me that is very enlightening as you usually hear enthusiastic brokers say that the impact of that bubble burst solely lasted just a few years (2008-2012).
Additionally, should you modify the Case Shiller index for inflation, the market had not recovered but by 2017 from the height in 2006.
Right here is the primary chart with the inflation adjusted line added by the authors.
https://inflationdata.com/articles/wp-content/uploads/2013/06/Inflation-Adj-Housing-Costs.jpg
And right here is your complete article from which the chart is extracted.