Through a comparative analysis of bubble levels of these two markets, the fluctuation of bubble level on stock market is larger than the fluctuation of bubble level on real estate market.

通过对两个市场的泡沫度的对比分析，我们发现股票市场的泡沫度比房地产市场的波动更大；

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In at least 14 major us metro areas, prices have fallen to 2003 levels - when the housing bubble was just starting to inflate.

至少美国14个主要地铁区的价格已回落到2003年水平—那时房产泡沬刚刚形成。

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Construction shows no sign of returning to bubble-era levels, nor are there any indications that debt-burdened families are going back to their old habits of spending all they earned.

建筑业并没有显示出恢复到泡沫时代水平的任何迹象，也没有任何指数表明负债家庭正在恢复到将挣来的所有金钱花掉的旧习惯。

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We had this huge bubble in home prices and it pushed prices up to extraordinary levels.

房价中存在大量泡沫,这些泡沫将房地产推向极度繁荣

耶鲁公开课 - 金融市场课程节选

The trends that worked so happily together to boost real estate to bubble levels have now become surly and uncooperative.

FORBES: Real Estate Creeps Cat-Like To Lower Lows

Stocks and bonds are at bubble levels just the way housing values were before they collapsed in the last decade.

FORBES: Fed Levitating Bond Prices Same Way Zero Percent Down Levitated Home Prices

Yet thanks to election year rhetoric, this story is being buried under a curtain of heavy gloom creating opportunities to buy stocks way below bubble levels.

FORBES: As Business, Household Wealth Grow, 3 Stocks To Buy