Question

From the peak of the housing bubble in Q2 of 2006, to the trough in Q1 of 2009, the Case-Shiller housing price index fell by just over ___________. U.S. Stock prices (as proxied by the DJIA) fell by ________ from October 2007 to March 2009.

Answer 1

From the peak of the housing bubble in Q2 of 2006, to the trough in Q1 of 2009, the Case-Shiller housing price index fell by just over 30%. U.S. Stock prices (as proxied by the DJIA) fell by 50% from October 2007 to March 2009.