Yes, California, Wall Street gyrations are wilder than our home prices

The recent wild ups and downs of stock prices may offer some comfort to those who prefer the somewhat more serene history of California home values.
To see how the plot twists on Wall Street compare with swings in real estate, my trusty spreadsheet looked at histories of stocks (the Standard & Poor’s 500 index) and California home prices (the Federal Housing Finance Agency’s index) going back to 1975. To put these two financial benchmarks on a level playing field through a somewh