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House Prices: Where are They? Pat Lawler Chief Economist Office of Federal Housing Enterprise Oversight April 26, 2007

House Prices: Where are They? Pat Lawler Chief Economist Office of Federal Housing Enterprise Oversight April 26, 2007. Where were we during the height of the boom?. What happened in the latest year?. What happened in the latest quarter ?.

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House Prices: Where are They? Pat Lawler Chief Economist Office of Federal Housing Enterprise Oversight April 26, 2007

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  1. House Prices: Where are They? Pat Lawler Chief Economist Office of Federal Housing Enterprise Oversight April 26, 2007

  2. Where were we during the height of the boom?

  3. What happened in the latest year?

  4. What happened in the latest quarter?

  5. Early stages of slowdown resemble earlier decelerations (but without Macroeconomic drivers)

  6. Early stages of slowdown resemble earlier decelerations (but without Macroeconomic drivers)

  7. Sharpest deceleration has occurred in areas that had the greatest boom-period appreciation

  8. Suburbs and exurbs may not be faring as poorly as has been reported

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