I am not as clever as Daytona so you'll have to do this bit yourself.
Go to his spreadsheet:
Take the first two columns and add on 2004 using the figure £152,159.
Select the range A7:B81 and click the Chart Wizard. Select any 3D chart method in any colour and what do you see? Do you see a roller-coaster of ups and downs?
No. The housing market doesn't move in cycles, it just keeps going up.