Housing’s stunning downfall in one chart: Prices have plunged in 51 of these 60 cities, and there’s much further to fall

On October 20, Ed Pinto—director of the American Enterprise Institute’s Housing Center and one of the nation’s top experts on residential real estate—emailed me a new custom chart showing the price changes in America’s 60 largest metros, measured from their peaks through September. The column displaying those numbers is almost uniformly red. More than 50…