A Coldwell Banker LLC "Sale Pending" sign stands outside of a home in Peoria, Illinois, U.S., on Thursday, Oct. 18, 2012. The National Association of Realtors is scheduled to release existing homes data on Oct. 19. Photographer: Daniel Acker/Bloomberg via Getty Images
Bloomberg A Coldwell Banker LLC "Sale Pending" sign stands outside of a home in Peoria, Illinois, U.S., on Thursday, Oct. 18, 2012. The National Association of Realtors is scheduled to release existing homes data on Oct. 19. Photographer: Daniel Acker/Bloomberg via Getty Images

Fortune's Christopher Matthews shows four charts that indicate housing is returning to historical norms and concludes, "the recovery is over." We think differently. Reverting to the mean, in this case, may be the end of an adrenaline-filled rebound, but the recovery continues to leg it out.

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