Kettle1 Research

OFHEO NJ HPI (All Transactions), Dec 2010
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OFHEO NJ HPI would have to drop about 50% 60% from current levels to come in line with the 3% trend as calculted fromt he start of the index (1975) and about a 60% - 70% drop from peak value to reach the 3% trend.

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0 May-84 May-95 May-06 Aug-81 Apr-85 Aug-92 Apr-96 Aug-03 Feb-76 Nov-78 Sep-80 Feb-87 Nov-89 Sep-91 Feb-98 Nov-00 Sep-02 Apr-07 Jul-82 Jul-93 Jul-04 Dec-77 Dec-88 Mar-75 Mar-86 Mar-97 Dec-99 Mar-08 Feb-09 Jan-77 Oct-79 Jun-83 Jan-88 Oct-90 Jun-94 Jan-99 Oct-01 Jun-05 Jan-10

OFHEO NJ HPI

3% Trend

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