
After you've seen "An Inconvenient Truth" – perhaps the best film ever about graphs & charts – one image lingers: That of Al Gore mounting a cherry-picker to rise up and show the off-the-chart peak of a graph depicting the sudden, sharp rise of global warming.
Just as the climate crisis has its "hockey stick"…

After you've seen "An Inconvenient Truth" – perhaps the best film ever about graphs & charts – one image lingers: That of Al Gore mounting a cherry-picker to rise up and show the off-the-chart peak of a graph depicting the sudden, sharp rise of global warming.
Just as the climate crisis has its "hockey stick" graphs, so, too, does housing.
This week, readers of
Time magazine are presented with one such graph, depicting the rise in home prices since the 1950s – adjusted for inflation. (
Click here for the full
Time story.) This probably gives the data its broadest audience yet.

Your humble correspondent recognized the
Time chart as a slimmed-down version of one the
New York Times ran somewhat recently, presented here as well. (Click to enlarge; it's worth it.) The chart goes back to 1890. Yes, 1890.
We don't actually do much in the way of "bubble talk" here, despite the subtitle for the blog. (We're pretty micro-focused.)
Let's just say this: It's no surprise to anyone that home prices in MB have doubled – or more – in the last several years. What's striking is to see how unprecedented the comparable national trend has been.
Please see our blog disclaimer.
Listings presented above are supplied via the MLS and are brokered by a variety of agents and firms, not Dave Fratello or Edge Real Estate Agency, unless so stated with the listing. Images and links to properties above lead to a full MLS display of information, including home details, lot size, all photos, and listing broker and agent information and contact information.
Based on information from California Regional Multiple Listing Service, Inc. as of March 30th, 2023 at 10:17am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.