Here’s a chart showing year-over-year home price changes in Manhattan. Prices
are starting to fall. I’m not sure what the basis is (average selling price or
median price) But these interactive graphics that let you get specific data on
your specific city in an easily digestible form (for free!) are amazing.
Of course, sometimes you get what you pay for. The data for New York doesn’t seem to be updating so I think this is really for Atlanta.
From Home Prices Across the Nation:
And here’s the inflation adjusted numbers (i.e. inflation is subtracted):