Archive for the tag 'Case-Schiller Index'

Home Prices Drop Over Past 12 Months

Kurt Brouwer October 30th, 2007

Update:  Please feel free to take a look at this post. Here are more recent posts on real estate and the Case Schiller real estate index:

Case-Shiller Index — Chart of the Day


Los Angeles Real Estate Bubble vs. National Bubble — Chart of the Day


Home Prices Still Falling — Chart of the Day

Original Post:

We previously reported on slumping prices for homes in Major Turning Point?-Robert Shiller and Housing Prices Fall 3.2% Now, there is an interesting post from Justin Fox at Time’s Curious Capitalist Blog. He put together a report on the current status of home prices in major metropolitan areas. The report is based on the findings of the Case - Shiller Index [emphasis added]:

‘The headline number in the S&P/Case-Shiller Home Price Indices released this morning was that U.S. home prices dropped 4.4% in the 12 months ending in August. But it’s in the metropolitan-area details that the Case-Shiller data gets really interesting. So with the help of graphics whiz Feilding Cage, I charted them:…’

Click to enlarge chart

Justin Fox goes on to discuss the varying results for different metropolitan and there is no discernible pattern here as far as I can tell:

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