us home prices after conversion

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Here is another slide from Dr. Yun's NAR midyear meeting presentation. It shows how undervalued US real estate is to foreign buyers

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U.S. Home Price after Currency Conversion

100

125

150

175

200

2000 -Jan

2001 -Jan

2002 -Jan

2003 -Jan

2004 -Jan

2005 -Jan

2006 -Jan

2007 -Jan

2008 -Jan

2009 -Jan

2010 -Jan

2011 -Jan

Canada

Euro

Yen

100

Index set at 100 in Year 2000

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Retail Prices after 1850 - NBER

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